18 AAC 60.265. Proof of financial responsibility

Unless the applicant has provided equivalent surety through a government agency or has demonstrated financial assurance under 18 AAC 60.398, the department will require proof of financial responsibility to cover the cost of closing a landfill and, if monitoring is required, the cost of post-closure monitoring, if the department determines proof of financial responsibility is necessary to protect the public health, safety, welfare, or the environment. Proof of financial responsibility under this section may be demonstrated by self-insurance, insurance, surety, or other guarantee approved by the department to assure compliance with applicable closure standards and post-closure monitoring requirements.

History: Eff. 1/28/96, Register 137; am 10/29/98, Register 148

Authority: AS 44.46.020

AS 46.03.010

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.