Us Code § 824r - Protection of transmission contracts in the Pacific Northwest
Full text of Us Code United States Code § 824r — Protection of transmission contracts in the Pacific Northwest, with citation guidance and answers to common questions.
§ 824r. Protection of transmission contracts in the Pacific Northwest
(a) Definition of electric utility or person
In this section, the term "electric utility or person" means an electric utility or person that—
(1) as of August 8, 2005, holds firm transmission rights pursuant to contract or by reason of ownership of transmission facilities; and
(2) is located—
(A) in the Pacific Northwest, as that region is defined in section 839a of this title; or
(B) in that portion of a State included in the geographic area proposed for a regional transmission organization in Commission Docket Number RT01–35 on the date on which that docket was opened.
(b) Protection of transmission contracts
Nothing in this chapter confers on the Commission the authority to require an electric utility or person to convert to tradable or financial rights—
(1) firm transmission rights described in subsection (a); or
(2) firm transmission rights obtained by exercising contract or tariff rights associated with the firm transmission rights described in subsection (a).
(June 10, 1920, ch. 285, pt. II, §218, as added Pub. L. 109–58, title XII, §1235, Aug. 8, 2005, 119 Stat. 960.)
About This Section
16 U.S.C. § 824r is part of Title 16 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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