Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 329. SOLID WASTE MANAGEMENT DIVISION |
Article 329IAC15. WASTE TIRE MANAGEMENT |
Rule 329IAC15-5. Financial Assurance |
Section 329IAC15-5-2. Financial assurance for waste tire transporters
-
A waste tire transporter shall maintain financial assurance in the amount of at least ten thousand dollars ($10,000). The financial assurance must be in the form of:
(1) a bond for performance, executed by a corporate surety licensed to do business in Indiana, in accordance with section 9 of this rule;
(2) a negotiable certificate of deposit in accordance with section 10 of this rule; or
(3) a negotiable letter of credit in accordance with section 11 of this rule;
payable to the department and conditional upon faithful compliance with IC 13-20-14 and this article. (Solid Waste Management Division; 329 IAC 15-5-2; filed Oct 10, 2000, 3:10 p.m.: 24 IR 329; readopted filed Nov 30, 2006, 4:16 p.m.: 20061227-IR-329050168FRA; readopted filed Jul 18, 2012, 2:26 p.m.: 20120815-IR-329120206BFA)