Utah Administrative Code (Current through November 1, 2019) |
R315. Environmental Quality, Waste Management and Radiation Control, Waste Management |
R315-264. Standards for Owners and Operators of Hazardous Waste Treatment, Storage, and Disposal Facilities |
R315-264-146. Use of a Mechanism for Financial Assurance of Both Closure and Post-Closure Care
Latest version.
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An owner or operator may satisfy the requirements for financial assurance for both closure and post-closure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in both Sections R315-264-143 and 145. The amount of funds available through the mechanism shall be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for financial assurance of closure and of post-closure care.