329 IAC 3.1-14-23 Use of a mechanism for financial assurance of corrective action, closure, and post-closure care

Sec. 23. An owner or operator may satisfy the requirements for financial assurance for any combination of corrective action, closure, and post-closure care for one (1) or more facilities by using a trust fund, surety bond, letter-of-credit, insurance, financial test, or guarantee that meets the specifications for the mechanism in sections 4 through 12 and 14 through 22 of this rule. The amount of funds available through the mechanism must 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 corrective action, closure, and post-closure care.