Sec. 13715.
The authority, as part of the application for a construction and operating license, shall demonstrate financial responsibility through the establishment of a fully funded trust fund or a liability bond, or both, providing for bodily injury and property damage to third parties caused by sudden and accidental releases arising from operations of the disposal site. The authority shall obtain and maintain liability coverage for sudden and accidental releases in an amount of not less than $3,000,000.00 per occurrence with an annual aggregate of not less than $6,000,000.00, and additional coverage sufficient to meet anticipated legal defense costs.
History: Add. 1987, Act 203, Imd. Eff. Dec. 22, 1987 Compiler's Notes: For transfer of powers and duties of radioactive materials program from department of health and human services to department of health and human services, see E.R.O. No. 2017-3, compiled at MCL 333.26254.Popular Name: Act 368
Structure Michigan Compiled Laws
Act 368 of 1978 - Public Health Code (333.1101 - 333.25211)
Article 12 - Environmental Health (333.12101...333.13832)
368-1978-12-137 - Part 137 (333.13701...333.13741)
Section 333.13701 - Meanings of Words and Phrases.
Section 333.13702 - Definitions; a to H.
Section 333.13703 - Definitions; G to M.
Section 333.13704 - Definitions; M to S.
Section 333.13705 - Regulatory Responsibility.
Section 333.13707 - Review and Recommendations; Conflicting Laws and Rules.
Section 333.13708 - Duties of Director or Director's Designee.
Section 333.13710 - Minimum Criteria for Design, Construction, and Operation of Disposal Site.
Section 333.13711 - Licensing Requirements for Design, Construction, and Operation of Disposal Site.
Section 333.13715 - Financial Responsibility.
Section 333.13718 - Temporary or Permanent Closure of Disposal Site; Reopening.
Section 333.13721 - Amendment to Construction and Operating License.
Section 333.13722 - Manifest; Duties of Authority Accepting Waste at Disposal Site.
Section 333.13726 - Duties of Generator; Generator Acting as Carrier, Collector, or Processor.
Section 333.13733 - Condition to Possession of Waste; Data as Public Information.
Section 333.13735 - Notice of Release of Waste; Report.
Section 333.13739 - Action for Injunction; Noncompliance by Department.
Section 333.13741 - Lawful Activity Not Prohibited or Restricted.