South Dakota Statutes

§ 34A-13-1 — Definition of terms.

South Dakota·Title 34A ENVIRONMENTAL PROTECTION·Ch. 34A-11 PETROLEUM INSPECTION AND RELEASE COMPENSATION

Terms used in this chapter mean:

(1)"Abandoned site," any release site on which none of the tanks have been used for the intentional storage of petroleum after April 1, 1988;
(2)"Asset value," with respect to valuation of amounts on deposit in or credited to any account or fund, the amount of cash on deposit in or credited to the account or fund plus the lesser of the cost or the face amount of any investments or other obligations on deposit in or credited to the account or fund;
(3)"Backfill area," the space containing the tank system and supporting material bounded by the ground surface, the sides and bottom of the pit, and the trenches into which the product lines for the tank system were placed at the time of installation;
(4)"Corrective action," a necessary and reasona

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Legislative History

SL 1988, ch 290, § 1; SL 1989, ch 310, § 1; SL 1990, ch 292, § 1; SL 1991, ch 17 (Ex. Ord. 91-4), § 17; SL 1991, ch 294, § 1; SL 1992, ch 260, § 1; SL 1994, ch 351, § 73; SL 1995, ch 71, § 189; SL 1995, ch 321 (Ex. Ord. 95-5), § 17; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011; SL 2021, ch 1 (Ex. Ord. 21-3), § 53, eff. Apr. 19, 2021; SL 2024, ch 146, § 2.

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