Alabama § 22-40A-10 Financial Assurance

Alabama Statutes

§ 22-40A-10 — Financial Assurance

Alabama § 22-40A-10

Title 22Health, Mental Health, and Environmental Control

Ch. 40AAlabama Scrap Tire Environmental Quality Act

This text of Alabama § 22-40A-10 (Financial Assurance) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 22-40A-10 (2026).

Text

(a)The department shall, by regulation, establish the financial assurance levels and methods that are to be set to provide funds to abate any problems created as a result of a failure by the transporter or processor to properly manage scrap tires.

(b)Receivers of either class are not required to post financial assurance.

(c)Permitted transporters and processors shall post financial assurance. A fuel user that registers with the department shall post financial assurance if the user stores whole tires or shredded tires in excess of amounts the department establishes by regulation or in excess of permitted limits.

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(a) The department shall, by regulation, establish the financial assurance levels and methods that are to be set to provide funds to abate any problems created as a result of a failure by the transporter or processor to properly manage scrap tires.
(b) Receivers of either class are not required to post financial assurance.
(c) Permitted transporters and processors shall post financial assurance. A fuel user that registers with the department shall post financial assurance if the user stores whole tires or shredded tires in excess of amounts the department establishes by regulation or in excess of permitted limits.