Oregon Administrative Rules
Chapter 340 - DEPARTMENT OF ENVIRONMENTAL QUALITY
Division 174 - UNDERGROUND STORAGE TANK INSURANCE COPAYMENT PROGRAM
Section 340-174-0030 - General Provisions, Insurance Copayment

Universal Citation: OR Admin Rules 340-174-0030

Current through Register Vol. 63, No. 3, March 1, 2024

(1) A person qualifying under OAR chapter 340, division 172 and these rules may receive assistance in buying insurance that meets the UST financial responsibility requirements at UST facilities holding an accumulation of motor fuel for resale.

(2) An insurer must have filed information with the Oregon Department of Insurance and Finance in accordance withORS 466.706 through 466.835 as amended by Chapter 863, Oregon Laws, 1991 (Senate Bill 1215).

(3) Only one insurance copayment certificate may be issued to each facility location. The insurance copayment shall cover all USTs at a facility location.

(4) An applicant may qualify for insurance copayment benefits at more than one UST facility location.

(5) Copayment for insurance will be made by a warrant (check) issued to both the applicant and the insurer for each policy year of eligibility.

(6) Copayment of insurance shall not be accepted by the insurer until the applicant pays the remaining portion of the insurance premium so that in combination with the copayment it provides 100 percent binding of UST financial responsibility insurance coverage.

Stat. Auth.:ORS 466.706-466.895 &466.995

Stats. Implemented: Sec. 38 - 43a, Ch. 863, OL 1991

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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