§ 40712 Emission Reduction Co-Ownership

Key Takeaways

•If more than one person owns a place that reduces air pollution, the rights to those pollution reductions belong to all the owners together.
•The way they share these rights is the same way they share ownership of the place itself.
•This rule starts as soon as the local air pollution officer approves the reductions.

Example

Two friends, Alex and Jamie, own a factory together. They install new machines that reduce the factory's air pollution. The local air pollution officer approves these reductions.

Alex and Jamie will share the rights to these pollution reductions in the same way they share ownership of the factory. If they own the factory 50-50, they will also share the rights to the pollution reductions 50-50.

If there is more than one owner of the source of the approved reductions in emission of air contaminants, initial title to such approved reductions shall be deemed held by such co-owners in the same manner as they hold title to the source of such reductions at the time such reductions are approved by the district air pollution control officer. (Added by Stats. 1979, Ch. 1111.)

Key Takeaways

•If more than one person owns a place that reduces air pollution, the rights to those pollution reductions belong to all the owners together.
•The way they share these rights is the same way they share ownership of the place itself.
•This rule starts as soon as the local air pollution officer approves the reductions.

Example

Two friends, Alex and Jamie, own a factory together. They install new machines that reduce the factory's air pollution. The local air pollution officer approves these reductions.

Key Takeaways

Example

Key Terms

References

§ 40712 Emission Reduction Co-Ownership

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References