Nevada Administrative Code
Chapter 444 - Sanitation
SOLID WASTE DISPOSAL
Class I Sites
Section 444.6858 - Financial assurance: Use of multiple mechanisms
Universal Citation: NV Admin Code 444.6858
Current through December 12, 2024
1. Except as otherwise provided in subsection 2, an owner or operator may satisfy the requirements of NAC 444.685 by establishing more than one mechanism for financial assurance per municipal solid waste landfill unit as specified in NAC 444.6853 to 444.6857, inclusive. The combination of mechanisms, rather than a single mechanism, must provide financial assurance for an amount at least equal to the current estimate of cost for closure, postclosure or corrective action, whichever is applicable.
2. Any financial assurance provided by:
(a) A corporate parent, if the entity holding the financial mechanism is a subsidiary of the corporate parent or a subsidiary of a subsidiary of the corporate parent; or
(b) Another subsidiary of the corporate parent, if the entity holding the financial mechanism is a subsidiary of the same corporate parent, may not be combined if the financial statements of the two entities are consolidated.
Added to NAC by Environmental Comm'n, 11-8-93; eff. 4-9-95
NRS 444.560
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