Illinois Administrative Code
Title 35 - ENVIRONMENTAL PROTECTION
Part 820 - STANDARDS FOR GENERAL CONSTRUCTION OR DEMOLITION DEBRIS RECOVERY FACILITIES
Subpart D - FINANCIAL ASSURANCE
Section 820.403 - Release of Financial Institution
Universal Citation: 35 IL Admin Code ยง 820.403
Current through Register Vol. 48, No. 38, September 20, 2024
The Agency must release a trustee, bank, or other financial institution as soon as practicable after the owner or operator makes a written request to the Agency for release and demonstrates that either one of the following events has occurred:
a) the owner or operator has substituted alternate financial assurance that meets the requirements of this Subpart; or
b) the Agency has released the owner or operator from the requirements of this Subpart following:
1) completion of closure in
compliance with Section
820.305; and
2) Agency certification of closure of the
GCDD recovery facility under Section
820.306(b).
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