The director shall promulgate rules, as provided in section six of this article, containing requirements for maintaining evidence of financial responsibility as deemed necessary and desirable for taking reasonable corrective action and for compensating third parties for bodily injury and property damage caused by sudden and nonsudden accidental releases arising from operating an underground storage tank. Such means of financial responsibility may include, but not be limited to, insurance, guarantee, surety bond, letter of credit, proof of assets or qualification as a self-insurer. In promulgating rules under this section, the director is authorized to specify policy or other contractual terms, conditions or defenses which are necessary or are unacceptable in establishing such evidence of financial responsibility in order to effectuate the purposes of this article.
Structure West Virginia Code
Chapter 22. Environmental Resources
Article 17. Underground Storage Tank Act
§22-17-2. Declaration of Policy and Purpose
§22-17-5. Powers and Duties of Director; Integration With Other Acts
§22-17-6. Promulgation of Rules and Standards by Director
§22-17-7. Underground Storage Tank Advisory Committee; Purpose
§22-17-8. Notification Requirements
§22-17-9. Registration Requirements; Undertaking Activities Without Registration
§22-17-10. Financial Responsibility
§22-17-11. Performance Standards for New Underground Storage Tanks
§22-17-13. Inspections, Monitoring and Testing
§22-17-14. Corrective Action for Underground Petroleum Storage Tanks
§22-17-15. Administrative Orders; Injunctive Relief; Requests for Reconsideration
§22-17-17. Public Participation
§22-17-18. Appeal to Environmental Quality Board
§22-17-19. Disclosures Required in Deeds and Leases
§22-17-20. Appropriation of Funds; Underground Storage Tank Administrative Fund
§22-17-21. Leaking Underground Storage Tank Response Fund