Texas Administrative Code
Title 30 - ENVIRONMENTAL QUALITY
Part 1 - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY
Chapter 37 - FINANCIAL ASSURANCE
Subchapter I - FINANCIAL ASSURANCE FOR PETROLEUM UNDERGROUND STORAGE TANK SYSTEMS
Section 37.885 - Release from the Requirements
Universal Citation: 30 TX Admin Code § 37.885
Current through Reg. 50, No. 13; March 28, 2025
(a) An owner or operator is no longer required to maintain financial assurance under this subchapter for an underground storage tank after the tank has been:
(1) properly temporarily removed from
service, in accordance with the requirements of §
334.54 of this title (relating to
Temporary Removal from Service);
(2) properly permanently removed from service
in accordance with the requirements of §
334.55 of this title (relating to
Permanent Removal from Service); or
(3) if corrective action is required, after
corrective action has been completed and the tank has been properly removed
from service in accordance with the requirements of §
334.55 of this title.
(b) In order to be released from financial assurance requirements under this section, the owner or operator must notify the commission of the change in status in accordance with § 334.7 of this title (relating to Registration for Underground Storage Tanks (USTs) and UST Systems).
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