Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 252. Department of Environmental Quality |
Chapter 653. Aquifer Storage and Recovery |
Subchapter 11. Cost Estimates and Financial Assurance |
SECTION 252:653-11-3. Permit transfers
Latest version.
- (a) Transfer of permit. When the operating permit is transferred from one owner/operator ("transferor") to another owner/operator ("transferee"), the transferee shall either provide new financial assurance or assume the existing assurance, if adequate in amount.(b) Release of transferor's financial assurance. DEQ will not release the transferor's financial assurance until the transferee has obtained approved financial assurance.