(a) An owner or operator of a Class A or B petroleum-substance
contaminated soil storage, treatment, or reuse facility subject to this subchapter
shall establish financial assurance for the closure of the facility that meets
the requirements of this section, in addition to the requirements specified
under Subchapters A, B, C, and D of this chapter (relating to General Financial
Assurance Requirements; Financial Assurance Requirements for Closure, Post
Closure, and Corrective Action; Financial Assurance Mechanisms for Closure,
Post Closure, and Corrective Action; and Wording of the Mechanisms for Closure,
Post Closure, and Corrective Action).
(b) An owner or operator subject to this subchapter may use
any of the financial assurance mechanisms as specified in Subchapter C of
this chapter to demonstrate financial assurance for closure, except a pay-in
trust mechanism may not be used.
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