N.M. Admin. Code § 20.6.2.5363 - FINANCIAL RESPONSIBILITY FOR POST-CLOSURE CARE

The owner or operator shall demonstrate and maintain financial responsibility for post-closure by using a trust fund, surety bond, letter of credit, financial test, insurance or corporate guarantee that meets the specifications for the mechanisms and instruments revised as appropriate to cover closure and post-closure care in 20.6.2.5320 NMAC. The amount of the funds available shall be no less than the amount identified in Subparagraph (f) of Paragraph (4) of Subsection A of 20.6.2.5362 NMAC. The obligation to maintain financial responsibility for post-closure care survives the termination of a permit or the cessation of injection. The requirement to maintain financial responsibility is enforceable regardless of whether the requirement is a condition of the permit.

Notes

N.M. Admin. Code § 20.6.2.5363

Adopted by New Mexico Register, Volume XXVI, Issue 15, August 14, 2015, eff. 8/31/2015