South Carolina Code of Regulations
Chapter 61 - DEPARTMENT OF HEALTH AND ENVIRONMENTAL CONTROL
Subchapter 61-79 - Hazardous Waste Management Regulations
Part 61-79.263 - STANDARDS APPLICABLE TO TRANSPORTERS OF HAZARDOUS WASTE
Subpart A - STANDARDS APPLICABLE TO TRANSPORTERS OF HAZARDOUS WASTE
Section 61-79.263.A.14 - Financial Responsibility for sudden and accidental occurrences

Universal Citation: SC Code Regs 61-79.263.A.14

Current through Register Vol. 48, No. 9, September 27, 2024

(a) Except as provided in paragraph (b), a transporter of hazardous waste granted a transporter permit under R.61-79.270 shall have and maintain financial responsibility for sudden and accidental occurrences in the amount of at least one million dollars ($1,000,000) per occurrence exclusive of legal defense costs. Coverage must provide for claims arising out of injury to persons, property or the environment including the spillage of hazardous wastes while such wastes are being transported and including the costs of cleaning up the spill. Such liability coverage must be maintained at all times while the permit is in force.

(b) [Reserved]

(c) The financial responsibility required in paragraphs (a) and (b) may be established by any one or a combination of the following:

(1) Evidence of liability insurance, either on a claim made or an occurrence basis, with or without a deductible with the deductible, if any, to be on a per occurrence or per accident basis and not to exceed ten (10) percent of the equity of the permittee;

(2) Self insurance, the level of which shall not exceed ten (10) percent of equity of the permittee; or

(3) Other evidence of financial responsibility approved by the Department.

Disclaimer: These regulations may not be the most recent version. South Carolina 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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.