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OK HB1774
Bill
Status
Introduced
2/4/2013
Primary Sponsor
Todd Russ
Click for details
AI Summary
- Amends 17 O.S. 2011, Section 352 of the Oklahoma Petroleum Storage Tank Release Indemnity Program to clarify the definition of "assignment of rights" or "limited power of attorney"
- Changes language from "grantor's behalf" to "behalf of the grantor" to improve grammatical clarity in describing transfers of authority to assignees
- The amendment addresses the legal provision allowing assignees to act on behalf of grantors regarding petroleum storage tank matters before the Corporation Commission
- Effective date set for November 1, 2013
Legislative Description
Petroleum storage tanks; clarifying statutory language relating to the Oklahoma Petroleum Storage Tank Release Indemnity Program; effective date.
Oil and Gas
Last Action
Second Reading referred to Utility and Environmental Regulation
2/5/2013
Committee Referrals
Utility and Environmental Regulation2/5/2013
Full Bill Text
No bill text available