Current through Register Vol. 54, No.43, October 26, 2024
Section 272.106 - Termination of trust(a) The Department will notify the trustee, in writing, of the Department's certification of final closure of the landfill under § 271.342 (relating to final closure certification) and one of the following:(1) The release of the bond.(2) The termination of a trust provided for a landfill operated by a municipality solely for municipal waste not classified hazardous, if the municipality has provided the trust in lieu of a bond under § 271.301(c) (relating to scope).(b) Upon receipt of the notification required in subsection (a), the trustee shall take the necessary steps to terminate the trust.(c) Upon termination of the trust fund, the remaining trust property, less final trust administration expenses of the trustee, shall be given to the county that established the trust for use in a manner consistent with the Environmental Stewardship and Watershed Protection Act.(d) A trustee may take the necessary steps to terminate a trust at any time prior to the time stated in subsection (a) if all of the moneys have been withdrawn and paid out in accordance with this subchapter.The provisions of this §272.106 amended December 22, 2000, effective 12/23/2000, 30 Pa.B. 6685.