Statute · Federal

42 U.S.C. § 9116

Diligence requirements

Code
United States Code
Title
42
Section
9116
Text current through
Pub. L. 119-111

What does the statute say?

§ 9116. Diligence requirements (a) Rules and regulations

The Administrator shall promulgate regulations requiring each licensee to pursue diligently the construction and operation of the ocean thermal energy conversion facility or plantship to which the license applies.

(b) Termination of license

If the Administrator determines that a licensee is not pursuing diligently the construction and operation of the ocean thermal energy conversion facility or plantship to which the license applies, or that the project has apparently been abandoned, the Administrator shall cause proceedings to be instituted under section 9121 of this title to terminate the license.

(Pub. L. 96–320, title I, § 106, Aug. 3, 1980, 94 Stat. 984.)

The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.