S.C. Code Regs. § § 61-79.264.H.146

Current through Register Vol. 48, 12, December 27, 2024
Section 61-79.264.H.146 - Use of a mechanism for financial assurance of both closure and post-closure 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 surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in both 264.143 and 264.145. 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.

S.C. Code Regs. § 61-79.264.H.146

Amended by State Register Volume 14, Issue No. 11, eff November 23, 1990; State Register Volume 17, Issue No. 12, eff December 24, 1993.