RCW 70A.310.100
Licensees' bond requirements.
The secretary or the secretary's duly authorized representative shall require the posting of a bond by licensees to be used exclusively to provide funds in the event of abandonment, default, or other inability of the licensee to meet the requirements of the department. The secretary may establish bonding requirements by classes of licensees and by range of monetary amounts. In establishing these requirements, the secretary shall consider the potential for contamination, injury, cost of disposal, and reclamation of the property. The amount of the bond shall be sufficient to pay the costs of reclamation and perpetual maintenance.
[ 1987 c 184 § 5; 1979 ex.s. c 110 § 10. Formerly RCW 70.121.100.]
NOTES:
Effective date—1979 ex.s. c 110: See note following RCW 70A.310.010.
Structure Revised Code of Washington
Title 70A - Environmental Health and Safety
Chapter 70A.310 - Mill Tailings—Licensing and Perpetual Care.
70A.310.010 - Legislative findings.
70A.310.030 - Licenses—Renewal—Hearings.
70A.310.040 - Facility operations and decommissioning—Monitoring.
70A.310.050 - Radiation perpetual maintenance fund—Licensee contributions—Disposition.
70A.310.060 - State authority to acquire property for surveillance sites.
70A.310.070 - Status of acquired state property for surveillance sites.
70A.310.080 - Payment for transferred sites for surveillance.
70A.310.090 - Authority for on-site inspections and monitoring.
70A.310.100 - Licensees' bond requirements.
70A.310.110 - Acceptable bonds.
70A.310.120 - Forfeited bonds—Use of fund.
70A.310.130 - Exemptions from bonding requirements.
70A.310.140 - Amounts owed to state—Lien created.
70A.310.150 - Amounts owed to the state—Collection by attorney general.