30 Tex. Admin. Code § 37.860 - Substitution of Financial Assurance Mechanisms by Owner or Operator
(a) An owner or operator may substitute any
alternate financial assurance mechanisms as specified in this subchapter
provided that at all times he or she maintains an effective financial assurance
mechanism or combination of mechanisms that satisfies the requirements of
§
37.815 of this title (relating to
Amount and Scope of Required Financial Responsibility).
(b) After obtaining alternate financial
assurance as specified in this subchapter, an owner or operator may cancel a
financial assurance mechanism by providing notice to the provider of financial
assurance.
Notes
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