1. (1) In accordance with the insurance copayment certificate and these rules, the Department will pay a portion of the insurance cost to the UST insurer where:

   1. (a) Insurance copayment confirmation and insurance required letters have been issued to the applicant;
   2. (b) All USTs at a facility meet the requirements of OAR 340, divisions 122 and 150 or the applicant is in compliance with a compliance schedule to complete a groundwater corrective action plan;
   3. (c) The Department received a copy of the insurance invoice;
   4. (d) The billing period is for insurance coverage during the policy year; and

   5. (e) Insurance coverage is certified by the insurer. The certification shall include:

      1. (A) The insured’s name, business name and address;
      2. (B) The UST facilities covered by the insurance, complete with name and address of each facility;
      3. (C) Policy year;
      4. (D) Limits of coverage;
      5. (E) Total premium and premium for each facility; and
      6. (F) Cancellation and reinstatement terms.
2. (2) The Department will copay the insurer within 30 days after receiving a completed invoice for the initial premium, the annual premium or an additional premium. Incomplete invoices will be returned to the insurer for completion.

Statutory/Other Authority

ORS 466.706 - 466.895 & 466.995

Statutes/Other Implemented

OL 1991, Ch. 863 & Sec. 38 - 43a

History

DEQ 14-1992, f. & cert. ef. 6-11-92
DEQ 29-1991(Temp), f. 12-18-91, cert. ef. 12-20-91