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§ 97-17-201. Definition of consigned motor fuel

As used in Sections 97-17-201 through 97-17-207, the term “consigned motor fuels” means all grades of gasoline including gasohol or any gasoline blend, any grade of diesel or kerosene and all aviation fuels that are delivered or caused to be delivered by one (1) merchant, hereinafter designated the consignor, to another merchant who deals in […]

§ 97-17-203. Written consignment agreement required

There shall be a written agreement between the consignor and the consignee, reflecting not only the consignment agreement between the parties, but that title to the consigned motor fuels and to the proceeds from the sale of the consigned motor fuels is always vested in the consignor and never the consignee. Nothing in this section […]

§ 97-17-207. Penalties

A person who violates Sections 97-17-201 through 97-17-207 shall be guilty of larceny of consigned motor fuels and subject to those penalties provided in Section 97-17-41 or 97-17-43 based on value of the property taken.