Ill. Admin. Code tit. 44 § 610.530
Current through Register Vol. 48, No. 49, December 6, 2024
If the estimated salvage values, as determined by the Department, of the abandoned production equipment are less than $2500 per individual item of production equipment, the Department may sell and transfer control of the equipment to any interested party. Payment under term of a private sale shall be by cashier's check or money order payable to the Plugging and Restoration Fund.
Ill. Admin. Code tit. 44, § 610.530
Added at 23 Ill. Reg. 3421, effective March 8, 1999