When a product exchange occurs, the seller of the petroleum product that was exchanged must charge the fee.

For example, Company A owns product in a terminal facility. Company A enters into an exchange agreement with Company B whereby Company A will provide Company A’s product to Company B’s customers. Company B must charge the fee on the withdrawal of product from Company A’s bulk facility by Company B’s customer.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 465.104

History

Renumbered from 150-465.104(1)-(B), REV 50-2016, f. 8-13-16, cert. ef. 9-1-16
RD 4-1989, f. 12-18-89, cert. ef. 12-31-89
RD 1-1989(Temp), f. & cert. ef. 8-31-89 thru 12-31-89