267 Neb. Admin. Code, ch. 7, § 002 - STORAGE FACILITY PERMIT TRANSFER

The storage operator and proposed transferee shall notify the commission in writing of any proposed permit transfer. The notice must contain the following:

a. The name and address of the person to whom the permit is to be transferred.

b. The name of the permit subject to transfer and location of the storage facility and a description of the land within the facility area.

c. The date that the storage operator desires the proposed transfer to occur.

d. A demonstration of financial assurance.

2. Commission review. The commission shall review the proposed transfer to ensure that the purposes are not compromised but are promoted. For good cause, the commission may deny a transfer request, delay acting on it, and place conditions on its approval.

3. Commission approval required. A permit transfer can occur only upon the commission's written order.

Notes

267 Neb. Admin. Code, ch. 7, § 002

Laws 2021, LB650, $ 6

Effective Date: August 28, 2021 Adopted effective 7/27/2022