Illinois Administrative Code
Title 35 - ENVIRONMENTAL PROTECTION
Part 807 - SOLID WASTE
Subpart F - FINANCIAL ASSURANCE FOR CLOSURE AND POST-CLOSURE CARE
Section 807.641 - Use of Multiple Financial Mechanisms
Universal Citation: 35 IL Admin Code ยง 807.641
Current through Register Vol. 48, No. 38, September 20, 2024
An operator may satisfy the requirements of this Subpart by establishing more than one financial mechanism per site. These mechanisms are limited to trust funds, surety bonds guaranteeing payment, letters of credit and insurance. The mechanisms must be as specified in Sections 807.661, 807.662, 807.664 and 807.665, respectively, except that it is the combination of mechanisms, rather than the single mechanism, which must provide financial assurance for an amount at least equal to the current cost estimate. The operator may use any or all of the mechanisms to provide for closure and post-closure care of the site.
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