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Current as of January 01, 2024 | Updated by Findlaw Staff
The corporation commission [public regulation commission] may prescribe reasonable maximum rates for the transportation of oil and the products derived therefrom, where such products are transported by a pipeline common carrier from any point in New Mexico to an ultimate destination in New Mexico, provided, in the event the reasonableness of such rates are [is] contested in the manner provided by law, the burden of proof to show the unreasonableness of such rates shall be upon the person, firm, association or corporation contesting the same.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 70. Oil and Gas § 70-3-1. Rates for pipeline common carriers transporting oil or products between points in New Mexico - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-70-oil-and-gas/nm-st-sect-70-3-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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