Title 15 — Commerce and Trade
Chapter 15A — Interstate Transportation of Petroleum Products
§ 715. Purpose of chapter
Statutory text
It is declared to be the policy of Congress to protect interstate and foreign commerce from the diversion and obstruction of, and the burden and harmful effect upon, such commerce caused by contraband oil as herein defined, and to encourage the conservation of deposits of crude oil situated within the United States.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 74–18 § 1 · 49 Stat. 30
Enacted · 15 U.S.C. § 715
(Feb. 22, 1935, ch. 18, § 1, 49 Stat. 30.)
Source evidence
Code source credit
(Feb. 22, 1935, ch. 18, § 1, 49 Stat. 30.)Enacted provision · exact public law section
(1) The term “contraband oil” means petroleum which, or any constituent part of which, was produced, transported, or withdrawn from storage in excess of the amounts permitted to be produced, transported, or withdrawn from storage under the laws of a State or under any regulation or order prescribed thereunder by any board, commission, officer, or other duly authorized agency of such State, or any of the products of such petroleum.
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Short Title
Act , which is classified to this chapter, is popularly known as the “Hot Oil Act” and also as the “Connally Hot Oil Act”.
Credits
(Feb. 22, 1935, ch. 18, § 1, 49 Stat. 30.)