Mississippi Administrative Code
Title 11 - Mississippi Department of Environmental Quality
Part 3 - Hazardous Waste Management Regulations
Chapter 1 - Mississippi Commission on Environmental Quality Hazardous Waste Management Regulations
Rule 11-3-1.18 - Financial Capability, Commercial Hazardous Waste Management Facilities

A. For purposes of this Rule 1.18, the following definitions shall apply:

B. An applicant for a permit to establish or expand a commercial hazardous waste management incinerator or land disposal facility must provide to the Mississippi Department of Environmental Quality documentation of an actual or implied (hypothetical) rating no lower than BB (Standard and Poor's Corporation) or Ba (Moody's Investor Service) or equivalent on senior unsecured debt obligations from a Nationally Recognized Statistical Rating Organization as established by the Federal Securities and Exchange Commission. This rating must be for the applicant as named in the permit application.

C. An applicant for a permit to establish or expand any kind of hazardous waste management facility other than an incinerator or land disposal facility must provide to the Mississippi Department of Environmental Quality documentation of an actual or implied (hypothetical) rating no lower than B (Standard and Poor's Corporation) or B (Moody's Investor Service) or equivalent on senior unsecured debt obligations from a Nationally Recognized Statistical Rating Organization as established by the Federal Securities and Exchange Commission. This rating must be for the applicant as named in the permit application.