267 Neb. Admin. Code, ch. 7, § 008
Current through September 17, 2024
Prior to commencing injection operations, the operator of any storage facility shall submit to the commission, and obtain its approval, a surety bond or cash bond in the amount specified by the commission. An alternative form of security may be approved by the commission. The operator of the storage facility shall be the principal on the bond provided to cover the storage facility. Each surety bond shall be executed by a responsible surety company or cash bond provided by operator authorized to transact business in Nebraska. The commission shall periodically review the bond amount and through public notice and hearing may issue an order to adjust that amount.
267 Neb. Admin. Code, ch. 7, § 008