30 Tex. Admin. Code § 37.931

Current through Reg. 49, No. 44; November 1, 2024
Section 37.931 - Financial Assurance Mechanisms

Owners and operators subject to this subchapter may use any of the financial assurance mechanisms as specified in Subchapter C of this chapter (relating to Financial Assurance Mechanisms for Closure, Post Closure, and Corrective Action) to demonstrate financial assurance for closure except:

(1) a pay-in trust fund may not be used; and
(2) a surety bond guaranteeing performance may not be used unless the owner or operator is required to provide financial assurance under § 332.47 of this title (relating to Permit Application Preparation).

30 Tex. Admin. Code § 37.931

The provisions of this §37.931 adopted to be effective December 30, 1996, 21 TexReg 12297; amended to be effective March 21, 2000, 25 TexReg 2347; amended to be effective November 4, 2004, 29 TexReg 10116