- (a) Multiple mechanisms allowed. Financial assurance requirements may be satisfied by establishing more than one approved financial assurance mechanism described in this Part.
- (b) Amount must be sufficient. If multiple mechanisms are used, the amount of financial assurance for all mechanisms must total at least the current cost estimate for closure and/or corrective action.
- (c) Limitations on performance mechanisms. Mechanisms guaranteeing performance rather than payment may not be combined with other mechanisms.
- (d) Limitations on corporate test or guarantee. The financial test or a guarantee provided by a corporate parent, sibling, or grandparent may not be combined if the financial statements of the two firms are consolidated.
Added at 35 Ok Reg 1333, eff 9-15-18