Product transfer document definition

Product transfer document or “PTD” means a document, or combination of documents, that authenticates the transfer of ownership of fuel between parties and must include all information identified in OAR 340-253-0600(2). A PTD may include bills of lading, invoices, contracts, meter tickets, rail inventory sheets or RFS product transfer documents.
Product transfer document means the bill of lading, loading ticket, manifest, delivery receipt, invoice, or other customarily used documentation to denote delivery information for motor fuel.
Product transfer document means a bill of lading, loading ticket, manifest, delivery receipt, invoice, or other paper that is provided by the transferor at the time motor fuel is delivered and evidences that custody or title of the motor fuel is transferred to the transferee. A product transfer document is not required when motor fuel is sold or dispensed at a motor fuel dispensing site or fleet vehicle fueling facility.

Examples of Product transfer document in a sentence

  • All RINs shall be transferred via a Product Transfer Document that is compliant with 40 CFR 80.1453 and shall be entered into the EPA Moderated Transaction System (EMTS) in accordance with 40 CFR 80.1452.

  • Both parties shall also comply with the appropriate transfer Table of Contents documentation requirements, including, that the bills of lading, or other PTD (Product Transfer Document), shall include all of the information required by law or regulation to be provided to the recipient and include the warning that high sulfur diesel is for off-highway usage only.

  • Electronic summary notification will be provided by Seller describing all transfers that will be executed in EMTS by Buyer, along with documents verifying the required Product Transfer Document (“PTD”) fields.


More Definitions of Product transfer document

Product transfer document means any bill of lading, loading
Product transfer document means such document(s) as may be required pursuant to the RFS Program.
Product transfer document or “PTD” means such document(s) transferring title to the purchased RINs from Seller to Buyer as may be required pursuant to the RFS Program, 40 C.F.R. Part 80, Subpart M. Each Product Transfer Document shall include a corresponding Invoice Number.
Product transfer document or "PTD" means a document that authenticates the transfer of ownership of fuel from a fuel reporting entity to the recipient of the fuel. A PTD is created by a fuel re- porting entity to contain information collectively supplied by other fuel transaction documents, including bills of lading, invoices, con- tracts, meter tickets, rail inventory sheets, renewable fuels standard (RFS) product transfer documents, etc.
Product transfer document. ' means such document(s) as may be required pursuant to the RFS Program to be provided by the transferor to the transferee when the ownership of neat and/or blended renewable fuels or separated RINs is transferred. Seller will endeavor to cause each Product Transfer Document to include a corresponding invoice number.
Product transfer document or “PTD” means a document that conveys information about the transfer of ownership of fuel from a regulated party to the recipient of the fuel.
Product transfer document means the bill of lading, loading ticket, manifest,