40-7-2 - Authority for governor to execute extensions or withdraw from compact.
40-7-2. Authority for governor to execute extensions or withdraw from compact.
The governor of the state of Utah is authorized and empowered, for and in the name of thestate of Utah to execute agreements for further extension of the expiration date of said compact toconserve oil and gas, and to determine if and when it shall be to the best interest of the state ofUtah to withdraw from said compact upon sixty days' notice as provided by its terms. In the eventthat he shall determine that the state shall withdraw from said compact he shall have the powerand authority to give necessary notice and to take any and all steps necessary and proper to effectthe withdrawal of the state of Utah from said compact.
Enacted by Chapter 131, 1957 General Session