La. Admin. Code tit. 33 § IX-6705

Current through Register Vol. 50, No. 11, November 20, 2024

Section IX-6705 - Amount of Required Financial Security

A. The amount of the financial security must be equal to or greater than $1 per gallon of wastewater discharge per day from the facility, as determined by the administrative authority, up to a maximum of $25,000.

B. The secretary may, in his discretion, allow a single financial security instrument to satisfy the requirements of this Chapter for up to four permits held by the same permittee, if the amount of financial security provided by that instrument is large enough to satisfy the requirements of Subsection A of this Section for the facility with the greatest amount of wastewater discharge per day.

La. Admin. Code tit. 33, § IX-6705

Promulgated by the Department of Environmental Quality, Office of Environmental Assessment, Environmental Planning Division, LR 27:48 (January 2001), repromulgated LR 30:233 (February 2004).

AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2001 et seq., and in particular Sections 2074(B)(3) and (4)