2006 Utah Code - 13-16-3 — Requirement to establish and disclose "transfer prices" and "posted rack prices."

     13-16-3.   Requirement to establish and disclose "transfer prices" and "posted rack prices."
     A refiner engaged in commerce in this state is required to:
     (1) establish:
     (a) its transfer price on all grades of motor fuel sold to itself or an affiliate for resale in this state at a different marketing level of distribution; and
     (b) a posted rack price on all grades of motor fuel the refiner or other person sells at the rack in this state; and
     (2) at the request of the attorney general, disclose to the attorney general:
     (a) any transfer price described in Subsection (1)(a); or
     (b) any posted rack price described in Subsection (1)(b).

Amended by Chapter 283, 2001 General Session