Ohio Administrative Code
Title 3745 - Ohio Environmental Protection Agency
Chapter 3745-66 - Closure and Post-Closure Under Interim Standards
Section 3745-66-46 - Use of a mechanism for financial assurance of both closure and post-closure care
Universal Citation: OH Admin Code 3745-66-46
Current through all regulations passed and filed through December 16, 2024
An owner or operator may satisfy the requirements for financial assurance for both closure and post-closure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in rules 3745-66-43 and 3745-66-45 of the Administrative Code. The amount of funds available through the mechanism must be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for financial assurance of closure and of post-closure care.
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