§ 1208.13 - Reporting requirements.  


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  • § 1208.13 Reporting requirements.

    If ONRR underbills a purchaser under a royalty oil contract because of a payor's underreporting or failure to report on Form MMS-2014 pursuant to § 1210.52 of this chapter, the payor will be liable for payment of such underbilled amounts plus interest if they are unrecoverable from the purchaser or the surety instrument related to the contract.

    [58 FR 64902, Dec. 10, 1993]