Indiana § 13-23-4-3 Establishment of method to show evidence of financial responsibility

Indiana Statutes

§ 13-23-4-3 — Establishment of method to show evidence of financial responsibility

Indiana·Art. 23 UNDERGROUND STORAGE TANKS·Ch. 4 Financial Responsibility

(a)The commissioner may provide a method under which the owner or operator of an underground storage tank may establish evidence of financial responsibility as required under sections 1 and 2 of this chapter and 42 U.S.C. 6991b(c)(6) with respect to the part of the potential liability of the owner or operator that is not covered through the excess liability trust fund established by IC 13-23-7-1.

(b)A method provided by the commissioner under this section must be acceptable to the Administrator of the United States Environmental Protection Agency.

(c)A method provided by the commissioner under this section must establish requirements for the establishment of evidence of financial responsibility by a small business petroleum marketer that are less stringent than the requirements applying

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(a) The commissioner may provide a method
under which the owner or operator of an underground storage tank may
establish evidence of financial responsibility as required under sections
1 and 2 of this chapter and 42 U.S.C. 6991b(c)(6) with respect to the
part of the potential liability of the owner or operator that is not
covered through the excess liability trust fund established by IC 13-23-7-1.
(b) A method provided by the commissioner under this section must
be acceptable to the Administrator of the United States Environmental
Protection Agency.
(c) A method provided by the commissioner under this section must
establish requirements for the establishment of evidence of financial
responsibility by a small business petroleum marketer that are less
stringent than the requirements applying to a petroleum marketer that
owns or operates more than twelve (12) underground storage tanks.
[Pre-1996 Recodification Citation: 13-7-20-14.5(c), (d),
(e).]

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