[Code of Federal Regulations]
[Title 40, Volume 25]
[Revised as of July 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR265.146]

[Page 560]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 265_INTERIM STATUS STANDARDS FOR OWNERS AND OPERATORS OF HAZARDOUS WASTE 
 
                    Subpart H_Financial Requirements
 
Sec. 265.146  Use of a mechanism for financial assurance of both closure and 

post-closure care.

    An owner or operator may satisfy the requirements for financial 
assurance for both closure and post-closure care for one or more 
facilities by using a trust fund, surety bond, letter of credit, 
insurance, financial test, or corporate guarantee that meets the 
specifications for the mechanism in both Sec. Sec. 265.143 and 265.145. 
The amount of funds available through the mechanism must be no less than 
the sum of funds that would be available if a separate mechanism had 
been established and maintained for financial assurance of closure and 
of post-closure care.