55-1407. Recovery of production and conservation fees and taxes.

55-1407

Chapter 55.--OIL AND GAS
Article 14.--PRICING OF NATURAL GAS

      55-1407.   Recovery of production and conservation fees and taxes.For purposes of this act, the price collected for the first sale ofnatural gas shall be permitted to exceed any maximum price establishedby such sections of this act, to the extent necessary to recover anyproduction and conservation fees and taxes attributable to such naturalgas.

      History:   L. 1979, ch. 171, § 7; May 29.