Section 37.885 - Release from the Requirements(a) An owner or operator is no longer required to maintain financial assurance under this subchapter for an underground storage tank after the tank has been: (1) properly temporarily removed from service, in accordance with the requirements of § 334.54 of this title (relating to Temporary Removal from Service);(2) properly permanently removed from service in accordance with the requirements of § 334.55 of this title (relating to Permanent Removal from Service); or(3) if corrective action is required, after corrective action has been completed and the tank has been properly removed from service in accordance with the requirements of § 334.55 of this title.(b) In order to be released from financial assurance requirements under this section, the owner or operator must notify the commission of the change in status in accordance with § 334.7 of this title (relating to Registration for Underground Storage Tanks (USTs) and UST Systems).30 Tex. Admin. Code § 37.885
The provisions of this §37.885 adopted to be effective November 23, 2000, 25 TexReg 11399; amended to be effective May 8, 2008, 33 TexReg 3644