Indiana Administrative Code
Title 329 - SOLID WASTE MANAGEMENT DIVISION
Article 16 - ELECTRONICS WASTE MANAGEMENT
Rule 2 - Definitions
Section 2-26 - "Financial assurance" defined

Universal Citation: 329 IN Admin Code 2-26

Current through September 18, 2024

Authority: IC 13-14-8-7; IC 13-15; IC 13-19-3

Affected: IC 13-30-2; IC 36-9-30

Sec. 26.

"Financial assurance" means, for the purposes of this article, a bond, letter of credit, insurance, or trust fund acquired by the owner, operator, or registrant of the registered facility in an amount sufficient to provide for:

(1) remediation of contamination at the registered facility; and

(2) closure of the registered facility.

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