Mo. Code Regs. Ann. tit. 10, § 26-3.104
Substitution of Financial Assurance Mechanisms by Owner or Operator
Effective Dec 30, 2011section 319.114, RSMo 2000.* This rule originally filed as 10 CSR 20- 11.104. Original rule filed Feb. 7, 1991, effective Aug. 30, 1991. Amended: Filed Aug. 3, 1993, effective April 9, 1994. Moved and amended: Filed April 15, 2011, effective Dec. 30, 2011. *Original authority: 319.114, RSMo 1989Petroleum and Hazardous Substance Storage Tanks
PURPOSE: This rule describes the requirements for the substitution of financial assurance mechanisms for demonstration of financial responsibility.
- (1) An owner or operator may substitute any alternate financial assurance mechanisms as specified in 10 CSR 26-3.090–10 CSR 26- 3.115, provided that at all times s/he maintains an effective financial assurance mechanism or combination of mechanisms that satisfies the requirements of 10 CSR 26-3.093.
- (2) After obtaining alternate financial assurance as specified in 10 CSR 26-3.090–10 CSR 26-3.115, an owner or operator may cancel a financial assurance mechanism by providing notice to the provider of financial assurance.
AUTHORITY: section 319.114, RSMo 2000.* This rule originally filed as 10 CSR 20- 11.104. Original rule filed Feb. 7, 1991, effective Aug. 30, 1991. Amended: Filed Aug. 3, 1993, effective April 9, 1994. Moved and amended: Filed April 15, 2011, effective Dec. 30, 2011. *Original authority: 319.114, RSMo 1989.