Texas Administrative Code
Title 30 - ENVIRONMENTAL QUALITY
Part 1 - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY
Chapter 37 - FINANCIAL ASSURANCE
Subchapter W - FINANCIAL ASSURANCE FOR QUARRIES
Section 37.9175 - Financial Assurance Mechanisms for Reclamation
Current through Reg. 50, No. 13; March 28, 2025
Owners and operators subject to this subchapter may use any of the following financial assurance mechanisms to demonstrate financial assurance for reclamation:
(1) a trust agreement as specified in § 37.9185 of this title (relating to Trust Fund Requirements);
(2) a surety bond guaranteeing payment as specified in § 37.9195 of this title (relating to Surety Bond Guaranteeing Payment Requirements);
(3) an irrevocable standby letter of credit as specified in § 37.9205 of this title (relating to Irrevocable Standby Letter of Credit Requirements);
(4) insurance as specified in § 37.9215 of this title (relating to Insurance Requirements);
(5) a financial test as specified in § 37.9225 of this title (relating to Financial Test Requirements); or
(6) a corporate guarantee as specified in § 37.9235 of this title (relating to Corporate Guarantee Requirements).