Ill. Admin. Code tit. 35, § 830.604 – Financial Assurance Fund | Midpage
§ 830.604
Ill. Admin. Code tit. 35, § 830.604
Financial Assurance Fund
AUTHORITY: Implementing Sections 5, 21, 22.33, 22.34, 22.35 and 39 and authorized by Section 27 of the Environmental Protection Act [415 ILCS 5/5, 21, 22.33, 22.34, 22.35, 27 and 39].POLLUTION CONTROL BOARD
a) The operator must maintain financial assurance equal to or greater than the amount provided as a written cost estimate in the financial assurance plan.
b) The funds comprising financial assurance must be used to cover the cost of closure.
c) Upon certification of completion of closure, any financial assurance funds remaining will be made available for unrestricted use.