Owners and operators of underground storage tanks containing regulated substances other than petroleum may demonstrate financial responsibility for taking corrective action and for compensating third parties for bodily injury and property damages by using any one or more of the mechanisms allowable under 40 CFR 280.95, 280.96, 280.97, 280.98, 280.99, 280.102, and 280.103. Owners and operators of underground storage tanks containing regulated substances other than petroleum shall not be eligible to participate in the petroleum storage tank fund, but shall be subject to federal financial responsibility regulations.
Source: L. 95: Entire article added, p. 406, § 1, effective July 1.
Editor's note: This section is similar to former § 8-20-510 as it existed prior to 1995.
Structure Colorado Code
Article 20.5 - Petroleum Storage Tanks
Part 2 - Underground Storage Tanks
§ 8-20.5-201. Legislative Declaration
§ 8-20.5-202. Duties of Director of Division of Oil and Public Safety - Rules
§ 8-20.5-203. Performance of Duties by Owner or Operator
§ 8-20.5-204. Installation and Upgrading of Underground Storage Tanks
§ 8-20.5-205. More Stringent Requirements Prohibited
§ 8-20.5-206. Financial Responsibility for Petroleum Underground Storage Tanks
§ 8-20.5-207. Financial Responsibility for Regulated Substances Other Than Petroleum
§ 8-20.5-208. Reporting of Releases - Investigation
§ 8-20.5-209. Regulated Substances Releases - Corrective Actions