Indiana Administrative Code
Title 675 - FIRE PREVENTION AND BUILDING SAFETY COMMISSION
Article 12 - ADMINISTRATION
Rule 12 - Underground Storage Tank Certification Program
Section 12-6 - Performance bond
Universal Citation: 675 IN Admin Code 12-6
Current through September 18, 2024
Authority: IC 13-23-3-1; IC 13-23-3-2; IC 13-23-3-3; IC 13-23-3-4
Affected: IC 13-23-3-3
Sec. 6.
If a person files a performance bond with an application for a certificate under IC 13-23-3-3(c), the amount of the bond shall be equal to the dollar value of a single contract awarded to the person for the installation, retrofitting, testing, cathodic protection, or decommissioning of one (1) or more underground storage tanks at a particular location. The division shall:
(1) act only as a custodian; and
(2) not be obligee of the bond.
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