Abnormal market disruption means a significant disruption to the production, distribution, supply, sale or availability of a commodity or commodities that:
Abnormal market disruption means a change in the market resulting from a natural or man-made disaster, a national or local emergency, a public health emergency, or an event resulting in a declaration of a state of emergency by the governor; and occurs when specifically declared by the governor. The governor's declaration of an abnormal market disruption must note the geographic area to which this section applies. An abnormal market disruption terminates no later than 30 days after the end of the state of emergency for which the abnormal market disruption was activated.
Abnormal market disruption means a significant disruption to the production, distribution, or sale of a good or service essential to the health, safety, or welfare of the public, including food, water, fuel, shelter, transportation, and medical supplies, in a specific geographic area that is caused by an activating event, such as a natural or human-caused emergency or disaster occurring within or outside the affected area.
More Definitions of Abnormal market disruption
Abnormal market disruption means a change in the market resulting from a natural or man-made disaster, a national or local emergency, a public health emergency, or an event resulting in a declaration of a state of emergency by the governor or president. Abnormal market disruption also means an increase in the price for an essential consumer good or service that exceeds 30 percent within a seven-day period.