La. Admin. Code tit. 33 § V-4409
Current through Register Vol. 50, No. 11, November 20, 2024
Section V-4409 - Use of a Mechanism for Financial Assurance of Both Closure and Post-Closure CareA. An owner or operator may satisfy the requirements for financial assurance for both closure and post-closure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in both LAC 33:V.4403 and 4407. The amount of funds available through the mechanism must be no less than the sum of funds that would be available if a separate mechanism has been established and maintained for financial assurance of closure and post-closure care.La. Admin. Code tit. 33, § V-4409
Promulgated by the Department of Environmental Quality, Office of Solid and Hazardous Waste, Hazardous Waste Division, LR 10:200 (March 1984).AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2180 et seq.