130A-310.72. Financial assurance requirement.
The person conducting remediation of a contaminated site pursuant to the provisions of this Part shall establish financial assurance that will ensure that sufficient funds are available to implement and maintain the actions or controls specified in the remedial action plan for the site. The person conducting remediation of a site may establish financial assurance through one of the following mechanisms, or any combination of the following mechanisms, in a form specified or approved by the Department: insurance products issued from entities having no corporate or ownership association with the person conducting the remediation; funded trusts; surety bonds; certificates of deposit; letters of credit; corporate financial tests; local government financial tests; corporate guarantees; local government guarantees; capital reserve funds; or any other financial mechanism authorized for the demonstration of financial assurance under (i) 40 Code of Federal Regulations Part 264, Subpart H (July 1, 2010 Edition) and (ii) Section.1600 of Subchapter B of Chapter 13 of Title 15A of the North Carolina Administrative Code. Proof of financial assurance shall be provided in the remedial action plan and annually thereafter on the anniversary date of the approval of the plan. The Department may waive the requirement for a person conducting remediation of a contaminated site pursuant to the provisions of this Part to establish or maintain financial assurance if the Department finds that the only actions or controls to be implemented or maintained as part of the remedial action plan for the site include either or both of the following:
(1) Annual reporting of land-use controls.
(2) The maintenance of durable or low-maintenance covers for contaminated soil. (2011-186, s. 2; 2017-209, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 9 - Solid Waste Management.
§ 130A-291 - Division of Waste Management.
§ 130A-291.1 - Septage management program; permit fees.
§ 130A-291.2 - Temporary domestic wastewater holding tanks.
§ 130A-291.3 - Septage operator training required.
§ 130A-292 - Conveyance of land used for commercial hazardous waste disposal facility to the State.
§ 130A-294 - Solid waste management program.
§ 130A-295 - Additional requirements for hazardous waste facilities.
§ 130A-295.01 - Additional requirement for commercial hazardous waste facilities.
§ 130A-295.05 - Hazardous waste transfer facilities.
§ 130A-295.1 - (See Editor's note) Limitations on permits for sanitary landfills.
§ 130A-295.3 - Environmental compliance review requirements for applicants and permit holders.
§ 130A-295.4 - Combustion products landfills.
§ 130A-295.5 - Traffic study required for certain solid waste management facilities.
§ 130A-295.6 - Additional requirements for sanitary landfills.
§ 130A-295.8 - Fees applicable to permits for solid waste management facilities.
§ 130A-295.9 - Solid waste disposal tax; use of proceeds.
§ 130A-297 - Receipt and distribution of funds.
§ 130A-298 - Hazardous waste fund.
§ 130A-299 - Single agency designation.
§ 130A-300 - Effect on laws applicable to water pollution control.
§ 130A-301 - Recordation of permits for disposal of waste on land and Notice of Open Dump.
§ 130A-302 - Sludge deposits at sanitary landfills.
§ 130A-303 - Imminent hazard; emergency.
§ 130A-304 - Confidential information protected.
§ 130A-306 - Emergency Response Fund.
§ 130A-309 - Corrective actions beyond facility boundary.
§ 130A-309.02 - Applicability.
§ 130A-309.03 - Findings, purposes.
§ 130A-309.04 - State solid waste management policy and goals.
§ 130A-309.05 - Regulated wastes; certain exclusions.
§ 130A-309.06 - Additional powers and duties of the Department.
§ 130A-309.07 - State solid waste management plan.
§ 130A-309.08 - Determination of cost for solid waste management; local solid waste management fees.
§ 130A-309.09 - Recodified as §§ A to C by Session Laws 1991, c621, ss7 to 10.
§ 130A-309.09A - Local government solid waste responsibilities.
§ 130A-309.09B - Local government waste reduction programs.
§ 130A-309.11 - Compost standards and applications.
§ 130A-309.13 - Solid Waste Management Outreach Program.
§ 130A-309.14 - Duties of State agencies.
§ 130A-309.14A - Reports by certain State-assisted entities.
§ 130A-309.15 - Prohibited acts regarding used oil.
§ 130A-309.16 - Public education program regarding used oil collection and recycling.
§ 130A-309.18 - Regulation of used oil as hazardous waste.
§ 130A-309.19 - Coordination with other State agencies.
§ 130A-309.20 - Public used oil collection centers.
§ 130A-309.21 - Incentives program.
§ 130A-309.22 - Grants to local governments.
§ 130A-309.23 - Certification of used oil transporters.
§ 130A-309.24 - Permits for used oil recycling facilities.
§ 130A-309.25 - Training of operators of solid waste management facilities.
§ 130A-309.26 - Regulation of medical waste.
§ 130A-309.27 - Joint and several liability.
§ 130A-309.28 - University research.
§ 130A-309.29 - Adoption of rules.
§ 130A-309.52 - Findings; purpose.
§ 130A-309.54 - Use of scrap tire tax proceeds.
§ 130A-309.57 - Scrap tire disposal program.
§ 130A-309.58 - Disposal of scrap tires.
§ 130A-309.59 - Registration of tire haulers.
§ 130A-309.60 - Nuisance tire collection sites.
§ 130A-309.61 - Effect on local ordinances.
§ 130A-309.62 - Fines and penalties.
§ 130A-309.64 - Scrap Tire Disposal Program; other Department activities related to scrap tires.
§ 130A-309.72 - Wholesalers required to accept lead-acid batteries.
§ 130A-309.73 - Inspections of battery retailers authorized; construction of this Part.
§ 130A-309.80 - Findings and purpose.
§ 130A-309.81 - Management of discarded white goods; disposal fee prohibited.
§ 130A-309.82 - Use of disposal tax proceeds by counties.
§ 130A-309.84 - Civil penalties for improper disposal.
§ 130A-309.85 - Reporting on the management of white goods.
§ 130A-309.86 - Effect on local ordinances.
§ 130A-309.87 - Eligibility for disposal tax proceeds.
§ 130A-309.111 - (Expires October 1, 2023) Purpose.
§ 130A-309.112 - (Expires October 1, 2023) Definitions.
§ 130A-309.113 - (Expires October 1, 2023) Management of abandoned manufactured homes.
§ 130A-309.114 - (Expires October 1, 2023) Process for the disposal of abandoned manufactured homes.
§ 130A-309.115 - (Expires October 1, 2023) Grants to local governments.
§ 130A-309.116 - (Expires October 1, 2023) Authority to adopt ordinances.
§ 130A-309.118 - (Expires October 1, 2023) Effect on local ordinances.
§ 130A-309.132 - Responsibility for recycling discarded computer equipment and televisions.
§ 130A-309.133 - Data security.
§ 130A-309.134 - Requirements for computer equipment manufacturers.
§ 130A-309.135 - Requirements for television manufacturers.
§ 130A-309.136 - Requirements applicable to retailers.
§ 130A-309.137 - Electronics Management Fund.
§ 130A-309.138 - Responsibilities of the Department.
§ 130A-309.141 - Local government authority not preempted.
§ 130A-309.142 - Registration of facilities recovering or recycling electronics required.
§ 130A-309.203 - Expedited permit review.
§ 130A-309.206 - Federal preemption; severability.
§ 130A-309.207 - General rule making for Part.
§ 130A-309.210 - Generation, disposal, and use of coal combustion residuals.
§ 130A-309.212 - Identification and assessment of discharges; correction of unpermitted discharges.
§ 130A-309.213 - Prioritization of coal combustion residuals surface impoundments.
§ 130A-309.214 - Closure of coal combustion residuals surface impoundments.
§ 130A-309.215 - Variance authority.
§ 130A-309.216 - Ash beneficiation projects.
§ 130A-309.218 - Applicability.
§ 130A-309.222 - Closure of projects using coal combustion products for structural fill.
§ 130A-309.223 - Recordation of projects using coal combustion products for structural fill.
§ 130A-309.224 - Department of Transportation projects.
§ 130A-309.225 - Inventory and inspection of certain structural fill projects.
§ 130A-309.226 - Amendments required to rules.
§ 130A-309.230 - General enforcement.
§ 130A-309.231 - Penalties for making false statements.
§ 130A-310.2 - Inactive Hazardous Waste Sites Priority List.
§ 130A-310.3 - Remedial action programs for inactive hazardous substance or waste disposal sites.
§ 130A-310.4 - Public participation in the development of the remedial action plan.
§ 130A-310.5 - Authority of the Secretary with respect to sites which pose an imminent hazard.
§ 130A-310.8 - Recordation of notices of environmental contamination and notices of restricted use.
§ 130A-310.10 - Annual reports.
§ 130A-310.11 - Inactive Hazardous Sites Cleanup Fund created.
§ 130A-310.12 - Administrative procedure; adoption of rules.
§ 130A-310.21 - Administration of the Superfund program.
§ 130A-310.22 - Contracts authorized.
§ 130A-310.23 - Filing notices of CERCLA/SARA (Superfund) liens.
§ 130A-310.32 - Brownfields agreement.
§ 130A-310.33 - Liability protection.
§ 130A-310.34 - Public notice and community involvement.
§ 130A-310.35 - Notice of Brownfields Property; land-use restrictions in deed.
§ 130A-310.37 - Construction of Part.
§ 130A-310.38 - Brownfields Property Reuse Act Implementation Account.
§ 130A-310.40 - Legislative reports.
§ 130A-310.60 - Recycling required by public agencies.
§ 130A-310.67 - Applicability.
§ 130A-310.68 - Remediation standards.
§ 130A-310.69 - Remedial investigation report; remedial action plans.
§ 130A-310.70 - Notice of intent to remediate.
§ 130A-310.71 - Review and approval of proposed remedial action plans.
§ 130A-310.72 - Financial assurance requirement.
§ 130A-310.73 - Attainment of the remediation standards.
§ 130A-310.73A - Remediation of sites with off-site migration of contaminants.
§ 130A-310.74 - Compliance with other laws.
§ 130A-310.75 - Use of registered environmental consultants.
§ 130A-310.76 - Fees; permissible uses of fees.