Ohio § 4906.222 Decommissioning performance bond update

Ohio Statutes

§ 4906.222 — Decommissioning performance bond update

Ohio § 4906.222

Title 49Public Utilities

Ch. 4906Power Siting

This text of Ohio § 4906.222 (Decommissioning performance bond update) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 4906.222 (2026).

Text

(A)The performance bond for the decommissioning of a utility facility shall be updated every five years, based on the most recent estimates, as described in section4906.212of the Revised Code.

(B)If the costs of decommissioning are greater in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall be increased proportionately.

(C)If the costs of decommissioning are lower in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall not be decreased. Last updated July 23, 2021 at 4:53 PM

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(A) The performance bond for the decommissioning of a utility facility shall be updated every five years, based on the most recent estimates, as described in section4906.212of the Revised Code.

(B) If the costs of decommissioning are greater in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall be increased proportionately.

(C) If the costs of decommissioning are lower in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall not be decreased.

Last updated July 23, 2021 at 4:53 PM