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New Mexico Administrative Code

Part 117

Financial Responsibility

State of New Mexico

1Issuing Agency 2Scope 3Statutory Authority 4Duration 5Effective Date 6Objective 7Definitions 8ReservedRepealed 1700Applicability 1701Phase-in for Above Ground Storage Tanks 1702ReservedRepealed 1703Amount and Scope of Required Financial Responsibility 1704Allowable Mechanisms and Combinations of Mechanisms 1705Financial Test of Self Insurance 1706Guarantee 1707Insurance and Risk Retention Group Coverage 1708Surety Bond 1709Letter of Credit 1710Use of State Required Mechanism 1711State Fund or Other State Assurance 1712Trust Fund 1713Standby Trust Fund 1714Local Government Bond Rating Test 1715Local Government Financial Test 1716Local Government Guarantee 1717Local Government Fund 1718Substitution of Financial Assurance Mechanisms by Owner or Operator 1719Cancellation or Non-renewal by a Provider of Financial Assurance 1720Reporting by Owner or Operator 1721Record Keeping 1722Drawing on Financial Assurance Mechanisms 1723Release from the Requirements 1724Bankruptcy or Other Incapacity of Owner or Operator or Provider of Financial Assurance 1725Replenishment of Guarantees, Letters of Credit, or Surety Bonds 1726ReservedRepealed 1755Form Documents for Financial Test of Self Insurance 1756Form Document for Guarantee 1757Form Documents for Insurance and Risk Retention Group Coverage 1758Form Document for Surety Bond 1759Form Document for Letter of Credit 1760ReservedRepealed 1763Form Documents for Standby Trust Fund 1764Form Documents for Local Government Bond Rating Test 1765Form Document for Local Government Financial Test 1766Form Documents for Local Government Guarantee 1767Form Document for Local Government Fund 1768ReservedRepealed 1771Form Document for Record Keeping 1772Form Document for Drawing on Financial Assurance Mechanisms