Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 165. Corporation Commission |
Chapter 26. Aboveground Storage Tanks |
Subchapter 1. General Provisions |
Part 6. FINANCIAL RESPONSIBILITY |
SECTION 165:26-1-37. Evidence of financial responsibility
Latest version.
- Owners and operators of AST systems will provide evidence of financial responsibility through the mechanisms set forth below, or any other mechanism that is pre-approved by the Division Director of the PSTD:(1) Self insurance(2) Guarantee(3) Insurance(4) Surety bond(5) Letter of Credit(6) Trust fund or standby trust fund(7) Securities pledge(8) Cash or cash equivalent pledge