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Commerce and Trade | |
Motor Fuel Marketing Act | |
Section 3 | Requirement to establish and disclose "transfer prices" and "posted rack prices." |
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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 |
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