Statutes, codes, and regulations
Iowa Administrative Code
Agency 591 - Petroleum Underground Storage Tank Fund Board, Iowa Comprehensive
Chapter 9 - UST FUND BOARD AUTHORITY TO TRANSFER LIABILITIES TO A THIRD PARTY (LOSS PORTFOLIO TRANSFERS)
Rule 591-9.1 - Board authority for loss portfolio transfers

Iowa Admin. Code r. 591-9.1

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Current through Register Vol. 47, No. 8, October 30, 2024
Rule 591-9.1 - Board authority for loss portfolio transfers

The board may enter into a transaction with a third party to transfer a portion or all of the board's liabilities. The board maintains the sole discretion to pursue such a transaction and may elect to pursue or not to pursue such a transaction based on whether or not the board deems such a transaction to be in the best interest of the program.

Iowa Admin. Code r. 591-9.1