40 CFR 280.108 - Substitution of financial assurance mechanisms by owner or operator.

Regulations last checked for updates: May 17, 2024

Title 40 - Protection of Environment last revised: May 15, 2024

View all text of Subpart H [§ 280.90 - § 280.116]

§ 280.108 - 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 subpart, provided that at all times he maintains an effective financial assurance mechanism or combination of mechanisms that satisfies the requirements of § 280.93.

(b) After obtaining alternate financial assurance as specified in this subpart, an owner or operator may cancel a financial assurance mechanism by providing notice to the provider of financial assurance.

authority: 42 U.S.C. 6912,6991,6991(a),6991(b),6991(c),6991(d),6991(e),6991(f),6991(g),6991(h),6991(i)

source: 80 FR 41623, July 15, 2015, unless otherwise noted.

cite as: 40 CFR 280.108