General Intent

General Intent. The general intent and effect of the Mississippi Underground Storage Tank Act of 1988 (the Act) includes but is not limited to the following: A. to provide an incentive for owners of underground storage tanks to stay in substantial compliance according to applicable law and to promptly, and in accordance with applicable law, monitor, report, and respond to any release of motor fuel from an underground storage tank system; B. to provide a fund to reimburse owners who are in substantial compliance with the Act for reasonable and necessary costs incurred to determine the extent of and to clean up contamination resulting from releases of motor fuels from underground storage tanks where those releases pose a threat to the environment or a threat to the public health, safety or welfare; C. to provide an alternative source of financial responsibility for owners of underground storage tanks (USTs) containing motor fuels; and D. to provide a fund from which to pay for third party damages caused by releases of motor fuels when a final judgment has been obtained according to the Act.