329 IAC 16-2-26

329 IAC 16-2-26 "Financial assurance" defined

Last amended: 2026Year: 2027Length: 53 wordsOfficial source

Cite as Ind. Admin. Code tit. 329, r. 16-2-26

Sec. 26. "Financial assurance" means, for the purposes of this article, a bond, letter of credit, insurance, or trust fund acquired by the owner, operator, or registrant of the registered facility in an amount sufficient to provide for: (1) remediation of contamination at the registered facility; and (2) closure of the registered facility.
329 IAC 16-2-26: 329 IAC 16-2-26 "Financial assurance" defined | Justis AI