S.D. Admin. R. 74:07:01:12
Current through Register Vol. 51, page 67, December 16, 2024
If an owner or operator requests substitution of one type of financial assurance for another, the owner or operator shall submit to the board a proposal for alternate financial assurance that meets the requirements of this chapter. The alternate financial assurance must be as secure or more secure than the existing financial assurance as determined by the board. Upon approval and receipt of the alternate financial assurance by the board, the board shall release the existing financial assurance and the board or department shall notify the owner or operator in writing.
S.D. Admin. R. 74:07:01:12
General Authority: SDCL 34A-10-2.4.
Law Implemented: SDCL 34A-10-2.2, 34A-10-2.4.