Mich. Admin. Code R. 29.2168c

Current through Vol. 24-22, December 15, 2024

Section R. 29.2168c - Reporting by owner or operator

Rule 68c. Section 280.110 is amended to read as follows:

Section 280.110.

(a) An O/O shall submit the appropriate forms listed in section 280.111(b) documenting current evidence of financial responsibility to the director of the implementing agency as follows:

(1) Within 30 days after the O/O identifies a release from an underground storage tank required to be reported under sections 280.53 or 280.61.

(2) If the O/O fails to obtain alternate coverage as required by this subpart, within 30 days after the O/O receives notice of the following:

(i) Commencement of a voluntary or involuntary proceeding under title 11 (bankruptcy), U.S. Code, naming a provider of financial assurance as a debtor,

(ii) Suspension or revocation of the authority of a provider of financial assurance to issue a financial assurance mechanism.

(iii) Failure of a guarantor to meet the requirements of the financial test.

(iv) Other incapacity of a provider of financial assurance.

(3) As required by sections 280.95(g) and 280.109(b).

(b) An O/O shall certify compliance with the financial responsibility requirements of this part as specified in the new tank notification form when notifying the appropriate state or local agency of the installation of a new underground storage tank under section 280.22.

(c) The director of the implementing agency may require an O/O to submit evidence of financial assurance as described in section 280.111(b) or other information relevant to compliance with this subpart at any time.

Mich. Admin. Code R. 29.2168c

1998-2000 AACS; 2018 MR 21, Eff. 11/14/2018