Louisiana Administrative Code
Title 33 - ENVIRONMENTAL QUALITY
Part XI - Underground Storage Tanks
Chapter 11 - Financial Responsibility
Section XI-1127 - Substitution of Financial Assurance Mechanisms by Owner or Operator
Universal Citation: LA Admin Code XI-1127
Current through Register Vol. 50, No. 3, March 20, 2024
A. An owner or operator may substitute any alternate financial assurance mechanisms as specified in this Chapter, provided that at all times he or she maintains an effective financial assurance mechanism or combination of mechanisms that satisfies the requirements of LAC 33:XI.1107.
B. After obtaining alternate financial assurance as specified in this Chapter, an owner or operator may cancel a financial assurance mechanism by providing notice to the provider of financial assurance.
AUTHORITY NOTE: Promulgated in accordance with R.S. 30:2001 et seq.
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