Alaska Stat. § 41.06.165

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 41.06.165 - Title to carbon dioxide

The storage operator has title to the carbon dioxide injected into and stored in a storage reservoir and holds title until the commission issues a certificate of completion under AS 41.06.170. While the storage operator holds title, the operator is liable for any damage the carbon dioxide may cause, including damage caused by carbon dioxide that escapes from the storage facility. When a certificate of completion is issued under AS 41.06.170, title to carbon dioxide injected into and stored in a storage reservoir is transferred to the owner of the pore space, unless the storage operator and the owner of the pore space have a contrary agreement.

AS 41.06.165

Added by SLA 2024, ch. 23,sec. 39, eff. 10/29/2024.