Statutes, codes, and regulations
North Dakota Administrative Code
Title 33 - State Department of HealthArticle 33-24 - Hazardous Waste ManagementChapter 33-24-05 - Standards for Treatment, Storage, and Disposal Facilities and for the Management of Specific Hazardous Wastes and Specific Types of Hazardous Waste Management Facilities
FINANCIAL REQUIREMENTS
Section 33-24-05-78 - Use of a financial mechanism for both closure and postclosure care

N.D. Admin. Code 33-24-05-78

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Current through Supplement No. 393, July, 2024
Section 33-24-05-78 - Use of a financial mechanism for both closure and postclosure care

An owner or operator may satisfy the requirements for financial assurance for both closure and postclosure 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 section 33-24-05-77. The amount of funds available through the mechanism must 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 postclosure care.

N.D. Admin Code 33-24-05-78

Effective January 1, 1984.

General Authority: NDCC 23-20.3-03

Law Implemented: NDCC 23-20.3-03, 23-20.3-04