SECTION 37.4031. Financial Assurance Requirements for Facility Operations Areas

(a) A person who is subject to this subchapter may use any of the financial assurance mechanisms specified in Subchapter C of this chapter (relating to Financial Assurance Mechanisms for Closure) to demonstrate financial assurance for corrective action at a facility operations area, except that a pay-in trust fund may not be used.

(b) A person required to provide financial assurance shall submit it in accordance with §37.31 of this title (relating to Submission of Documents), but must do so within 60 days after the effective date of the permit or commission corrective action order authorizing the facility operations area.

(c) If a facility operations area does not have an agency registration or permit number, any references to the registration or permit number in the wording of mechanisms specified in Subchapter D of this chapter (relating to Wording of the Mechanisms for Closure) may be replaced with any other applicable name or number assigned by the agency to the subject property.

Source Note: The provisions of this §37.4031 adopted to be effective March 21, 2000, 25 TexReg 2347