Ohio Admin. Code 3745-55-46 - Use of a mechanism for financial assurance of both closure and post-closure care

An owner or operator may satisfy the requirements for financial assurance for both closure and post-closure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in both rules 3745-55-43 and 3745-55-45 of the Administrative Code. The amount of funds available through the mechanism shall be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for financial assurance of closure and of post-closure care.


Ohio Admin. Code 3745-55-46
Eff 8-26-83 (Emer.); 11-29-83
Rule promulgated under: RC Chapter 119.
Rule amplifies: RC 3734.12

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