1. An owner or operator may substitute any alternate financial assurance mechanisms as specified in sections 33.1-24-08-80 through 33.1-24-08-106, provided that at all times the owner or operator maintains an effective financial assurance mechanism or combination of mechanisms that satisfies the requirements of section 33.1-24-08-83.

2. After obtaining alternate financial assurance as specified in sections 33.1-24-08-80 through 33.1-24-08-106, an owner or operator may cancel a financial assurance mechanism by providing notice to the provider of financial assurance.

History: Effective January 1, 2019.

General Authority: NDCC 23.1-04-03, 23.1-04-06; S.L. 2017, ch. 199, § 1