Ill. Admin. Code tit. 35, § 807.642 - Use of Financial Mechanism for Multiple Sites

Current through Vol. 46, No. 16, April 15, 2022

An operator may use a financial assurance mechanism specified in this Subpart to meet the requirements of this Subpart for more than one site. Evidence of financial assurance submitted to the Agency must include a list showing, for each site, the name, address and the amount of funds assured by the mechanism. The amount of funds available through the mechanism must be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for each site. The amount of funds available to the Agency must be sufficient to close and provide post-closure care for all of the operator's sites. In directing funds available through the mechanism for closure and post-closure care for any of the sites covered by the mechanism, the Agency may direct only the amount of funds designated for that site, unless the operator agrees to the use of additional funds available under the mechanism.

Notes

Ill. Admin. Code tit. 35, § 807.642

Amended at 9 Ill. Reg. 18942, effective November 25, 1985

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