NDAC 33.1-24-05-78

Use of a financial mechanism for both closure and postclosure care

Last amended: 2019Year: 2026Length: 87 wordsOfficial source

Cite as N.D. Admin. Code ยง 33.1-24-05-78

An owner or operator may satisfy the requirements for financial assurance for both closure and postclosure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in section 33.1-24-05-77. 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 closure and of postclosure care.
NDAC 33.1-24-05-78: Use of a financial mechanism for both closure and postclosure care | Justis AI