Title 16ConservationRelease 119-73

§815 Contract to furnish power extending beyond period of license; obligations of new licensee

Title 16 › Chapter CHAPTER 12— - FEDERAL REGULATION AND DEVELOPMENT OF POWER › Subchapter SUBCHAPTER I— - REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES › § 815

Last updated Apr 6, 2026|Official source

Summary

License holders may sign power-sale contracts that extend past the end of their license when doing so is needed for the public good. Those contracts must be approved by the commission and the state authority, or by the commission alone if the state has no such authority. If the old license is not renewed, the United States or a new licensee must take over and carry out those contracts.

Full Legal Text

Title 16, §815

Conservation — Source: USLM XML via OLRC

Whenever the public interest requires or justifies the execution by the licensee of contracts for the sale and delivery of power for periods extending beyond the date of termination of the license, such contracts may be entered into upon the joint approval of the commission and of the public-service commission or other similar authority in the State in which the sale or delivery of power is made, or if sold or delivered in a State which has no such public-service commission, then upon the approval of the commission, and thereafter, in the event of failure to issue a new license to the original licensee at the termination of the license, the United States or the new licensee, as the case may be, shall assume and fulfill all such contracts.

Reference

Citations & Metadata

Citation

16 U.S.C. § 815

Title 16Conservation

Last Updated

Apr 6, 2026

Release point: 119-73