Arizona § 27-565 - Application to purchase royalty oil
Full text of Arizona Arizona Revised Statutes § 27-565 — Application to purchase royalty oil, with citation guidance and answers to common questions.
§ 27-565. Application to purchase royalty oil
A. An Arizona refinery business may apply to the department to purchase royalty oil which the department elects to receive from a lessee. The application shall be filed not more than fifteen weeks nor less than thirteen weeks before the date of sale of the royalty oil by the department. The application shall be in the nature of a request and an offer to purchase which becomes irrevocable after the department sends notice of the election to the lessee as provided in section 27-566. The offer may be revoked by the applicant at any time before the date of sale upon the written agreement of the lessee and payment of all costs incurred by the department.
B. The application shall be in a form prescribed by the department containing the following information:
1. The full name and address of the applicant, the location of the refinery and a complete disclosure of the applicant's affiliation with any other petroleum refiner if such relationship exists.
2. The capacity of the refinery to be supplied with refinery oil and the amount, source and grade of all refinery oil currently available to the applicant by purchase.
3. The amount and grade of refinery oil which the applicant desires to purchase.
4. The field or fields which the applicant believes offer a potential source of refinery charge stocks due to quality, the proximity to the refinery and available transportation facilities which the applicant proposes to utilize.
C. The department shall examine each application. If the department finds that the application is incomplete, the department shall so advise the applicant within one week of the date that the application was filed with the department, and the applicant may amend the application within ten days. If the department finds the application to be complete, the department shall so advise the applicant within one week. If the department fails to provide the notice prescribed by this subsection, the application is deemed to be complete.
D. Upon approval of the application, the applicant shall file the bond or other assurances required by the department pursuant to section 27-570.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 27-565
What does Arizona Revised Statutes § 27-565 cover?
Section 27-565 ("Application to purchase royalty oil") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 27-565?
A common citation format is "Arizona Revised Statutes § 27-565" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 27-565 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.