34A-10-2.1. Activity which could result in pollution, contamination, or degradation--Financial assurance concerning corrective action--Form and amount.
Any person making application to the Water Management Board or the Board of Minerals and Environment for a permit, a license, or an extension, amendment, or renewal of an existing permit or license, which authorizes activity that could result in a significant risk of pollution, contamination, or degradation of the environment and that is not covered by a performance or damage bond or other financial assurance instrument, may be required, as a condition of the permit, to provide financial assurance guaranteeing the performance of corrective actions to contain, mitigate, and remediate all pollution, contamination, or degradation which may be caused by the activity. The financial assurance in a reasonable and proper amount shall be in a form and an amount approved by the board, and may include insurance, company net worth considerations, a surety bond, escrow account, letter of credit, trust, guarantee, or cash deposit.
Source: SL 1989, ch 306, §68; SL 2011, ch 165, §137.
Structure South Dakota Codified Laws
Title 34A - Environmental Protection
Chapter 10 - Remedies For Protection Of Environment
Section 34A-10-1 - Parties entitled to maintain actions against pollution.
Section 34A-10-2 - Parties entitled to intervene in proceedings involving pollution.
Section 34A-10-2.2 - Right and title in bond or security--Form and amount.
Section 34A-10-2.3 - Cleanup and remediation of environmental problems--Use of security.
Section 34A-10-2.5 - Failure to comply with order--Injunctive relief.
Section 34A-10-3 - Security required of plaintiff.
Section 34A-10-4 - Appointment of master or referee--Qualifications.
Section 34A-10-6 - Judicial review by court originally taking jurisdiction.
Section 34A-10-7 - Adjudication by court after administrative proceedings--Additional evidence.
Section 34A-10-8 - Detrimental conduct prohibited when reasonable alternative available.
Section 34A-10-9 - Defendant rebutting evidence of pollution.
Section 34A-10-11 - Equitable relief against detrimental conduct--Conditions imposed on defendant.
Section 34A-10-12 - Apportionment of costs.
Section 34A-10-13 - Collateral estoppel--Res judicata.
Section 34A-10-14 - Chapter supplementary to other procedures.
Section 34A-10-15 - Citation of chapter.
Section 34A-10-16 - Enforcement action by department.
Section 34A-10-17 - Obtaining voluntary compliance--Administrative settlement agreements.