Indiana Administrative Code
Title 329 - SOLID WASTE MANAGEMENT DIVISION
Article 15 - WASTE TIRE MANAGEMENT
Rule 5 - Financial Assurance
Section 5-3.5 - Annual update of closure cost estimate
Universal Citation: 329 IN Admin Code 5-3.5
Current through September 18, 2024
Authority: IC 13-19-3-1; IC 13-20-13-11
Affected: IC 13-30-2; IC 36-9-30
Sec. 3.5.
(a) The owner or operator of a waste tire storage site shall submit to the department an updated written closure cost estimate:
(1)
annually, not later than January 31 of each year;
(2) not more than thirty (30) days after a
change in the closure plan that increases the closure cost estimate;
(3) that includes documentation from the
financial assurance issuing institution confirming that the financial assurance
mechanism required by section 1 of this rule is still in effect; and
(4) that is on a form provided by the
department.
(b) The updated closure cost estimate required by subsection (a) must meet the requirements of section 3 of this rule.
(c) After submitting an updated closure cost estimate to the department in accordance with this section, the owner or operator of a waste tire storage site shall update the financial assurance mechanism not more than thirty (30) days after the submittal.
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