(a) An applicant shall maintain financial assurance in an amount equal to the costs associated with the reclamation plan and the removal of abandoned or unused wind energy conversion systems.
(b) In addition to the financial assurance required in subsection (a), an applicant shall maintain financial assurance in the amount of one million dollars ($1,000,000) to cover any liability for damages to adjoining property and any other damages under law. The financial assurance mechanism shall remain in full force and effect during the construction phase of any and all systems covered under the permit and shall be maintained for the life of the system.
Structure Code of Alabama
Article 26 - Zoning and Planning.
Part 1 - Wind Energy Conversion Systems.
Section 45-25-260 - Applicability.
Section 45-25-260.01 - Definitions.
Section 45-25-260.02 - Permit Required.
Section 45-25-260.03 - Adoption of Rules, Laws, or Ordinances.
Section 45-25-260.04 - Financial Assurances.
Section 45-25-260.05 - Certification, Safety, and Setback Requirements.
Section 45-25-260.06 - Abandonment and Removal of System or Tower.
Section 45-25-260.07 - Construction of Part.
Section 45-25-260.08 - Jurisdiction and Regulation of Public Service Commission.