Indiana Statutes

§ 13-23-11-7 — Duties of board; department consultation with board; reports on condition of ELTF

Indiana·Art. 23 UNDERGROUND STORAGE TANKS·Ch. 11 Petroleum Storage Tank Financial Assurance Board
(a)The board shall do the following:
(1)Adopt rules under IC 4-22-2 and IC 13-14-9 necessary to do the following:
(A)Carry out the duties of the board under this article.
(B)Establish standards and procedures under which:
(i)eligible parties may submit ELTF claims; and
(ii)the administrator of the ELTF may pay ELTF claims.
(C)Establish standards for determining the reasonableness and cost effectiveness of corrective action for purposes of reimbursement from the ELTF under IC 13-23-9-1.5(a)(1).
(D)Establish standards for priorities in the payment of ELTF claims, including a priority for claims associated with releases from USTs and ASTs that pose an immediate and significant threat to the environment.
(E)Provide reimbursement from the petroleum storage tank excess liability trust f

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Legislative History

As added by P.L.1-1996, SEC.13. Amended by P.L.9-1996, SEC.19; P.L.2-1997, SEC.49; P.L.131-1997, SEC.6; P.L.25-1997, SEC.16; P.L.253-1997(ss), SEC.16; P.L.2-1998, SEC.55; P.L.63-1998, SEC.5; P.L.14-2001, SEC.17; P.L.113-2014, SEC.80; P.L.96-2016, SEC.40; P.L.176-2023, SEC.47.

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