LAC 33:XV.1419. Financial Responsibility of Transporters

A. Each transporter of NORM, NORM waste, or NORM contaminated equipment to a licensee for licensed long-term storage, treatment, decontamination, or disposal shall acquire continuous insurance coverage or other financial responsibility for all of its transport vehicles regulated by these regulations at a minimum coverage of $300,000 per vehicle public liability and $200,000 per vehicle damage. B. The financial responsibility required by this Section may be established by any one or a combination of the following: 1. evidence of liability insurance; 2. self-insurance with a level not more than 20 percent of equity; or 3. other evidence of financial responsibility deemed acceptable by the secretary of the Department of Public Safety and Corrections or its successor agency.