Sec. 3. (a) The commissioner may provide a method under which the owner or operator of an underground storage tank may establish evidence of financial responsibility as required under sections 1 and 2 of this chapter and 42 U.S.C. 6991b(c)(6) with respect to the part of the potential liability of the owner or operator that is not covered through the excess liability trust fund established by IC 13-23-7-1.
(b) A method provided by the commissioner under this section must be acceptable to the Administrator of the United States Environmental Protection Agency.
(c) A method provided by the commissioner under this section must establish requirements for the establishment of evidence of financial responsibility by a small business petroleum marketer that are less stringent than the requirements applying to a petroleum marketer that owns or operates more than twelve (12) underground storage tanks.
[Pre-1996 Recodification Citation: 13-7-20-14.5(c), (d), (e).]
As added by P.L.1-1996, SEC.13. Amended by P.L.9-1996, SEC.4.
Structure Indiana Code
Article 23. Underground Storage Tanks
Chapter 4. Financial Responsibility
13-23-4-1. Permissible Forms of Evidence
13-23-4-2. Required Policy Provisions or Contract Terms
13-23-4-3. Establishment of Method to Show Evidence of Financial Responsibility
13-23-4-5. Suspension of Enforcement of Financial Responsibility Requirements
13-23-4-6. Bankruptcy of Owner or Operator of Underground Storage Tank; Liability of Guarantor