2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 15A - Interstate Transportation of Petroleum Products (Sections 715 - 715m)
Sec. 715c - Suspension of operation of section 715b of this title

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Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 15A - INTERSTATE TRANSPORTATION OF PETROLEUM PRODUCTS
Sec. 715c - Suspension of operation of section 715b of this title
Containssection 715c
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditFeb. 22, 1935, ch. 18, §4, 49 Stat. 31.
Statutes at Large Reference49 Stat. 31

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15 U.S.C. § 715c (2015)

§715c. Suspension of operation of section 715b of this title

Whenever the President finds that the amount of petroleum and petroleum products moving in interstate commerce is so limited as to be the cause, in whole or in part, of a lack of parity between supply (including imports and reasonable withdrawals from storage) and consumptive demand (including exports and reasonable additions to storage) resulting in an undue burden on or restriction of interstate commerce in petroleum and petroleum products, he shall by proclamation declare such finding, and thereupon the provisions of section 715b of this title shall be inoperative until such time as the President shall find and by proclamation declare that the conditions which gave rise to the suspension of the operation of the provisions of such section no longer exist. If any provision of this section or the application thereof shall be held to be invalid, the validity of application of section 715b of this title shall not be affected thereby.

(Feb. 22, 1935, ch. 18, §4, 49 Stat. 31.)

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