Section 23. (1) The insolvency fund shall submit to the commissioner a plan of operation and any amendments thereto necessary or suitable to assure the fair, reasonable and equitable administration of the insolvency fund. The plan of operation and any amendments thereto shall become effective upon approval by the commissioner.
(2) If the insolvency fund fails to submit a plan of operation acceptable to the commissioner within one hundred and eighty days after the organization of the board of directors, or if at any time thereafter the insolvency fund fails to submit acceptable amendments to the plan, the commissioner shall, after notice and hearing, adopt and promulgate such reasonable rules necessary to effectuate the provisions of sections fifteen to thirty, inclusive. Such rules shall continue in force until modified by the commissioner or superseded by a plan submitted by the insolvency fund and approved by the commissioner.
(a) All generators shall comply with the plan of operation.
(b) The plan of operation shall, in addition to requirements enumerated elsewhere:
(1) establish procedures for handling the assets of the insolvency fund,
(2) establish the amount, if any, and method of reimbursing members of the board of directors under section seventeen,
(3) establish regular places and times for meetings of the board of directors,
(4) establish procedures for records to be kept of all financial transactions of the insolvency fund, its agents, and the board of directors,
(5) establish any additional procedures for assessments under section twenty-one,
(6) contain additional provisions necessary or proper for the execution of the powers and duties of the insolvency fund.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 21c - Massachusetts Hazardous Waste Management Act
Section 3 - Hazardous Waste Advisory Committee
Section 4 - Division of Hazardous Waste; Duties of Department
Section 5 - Collection, Transportation, Storage, etc., of Hazardous Waste; Prohibited Acts
Section 6 - Collection, Storage, etc., of Hazardous Waste at Generation Site; Regulations
Section 8 - Entry of Premises; Warrants; Enforcement of Law
Section 9 - Violations; Orders by Department
Section 10 - Violations; Presumption; Penalties; Jurisdiction
Section 11 - Adjudicatory Hearings; Judicial Review
Section 12 - Disclosure of Information
Section 14 - Property Subject to Seizure and Forfeiture
Section 15 - Definitions Applicable to Secs. 15 to 30
Section 20 - Subrogation and Contribution Rights of Insolvency Fund
Section 21 - Powers of Insolvency Fund
Section 23 - Plan of Operation of Insolvency Fund
Section 24 - Appeals; Judicial Review
Section 25 - Detection and Prevention of Licensee Insolvencies or Impairments
Section 26 - Records of Negotiations and Meetings; Insolvency Fund as Creditor
Section 27 - Examination and Regulation of Insolvency Fund; Reports