Section 328 IAC 1-2-2 - Fund managementAuthority: IC 13-23-11-7
Affected: IC 13-23
Sec. 2.
The administrator of the fund shall prepare an annual report to the financial assurance board by September 1 of each year. The report must include the following:
(1) A financial statement detailing information for the management and oversight of the fund, including:(A) facts concerning the amount of money currently in the fund;(B) the amount of money obligated for corrective actions and ELTF indemnity claims; and(C) estimates of future revenue for and demands on the fund.(2) An overview of the fund claims process.(3) A report of the number of claims made against the fund that were approved and denied during the reporting year.Underground Storage Tank Financial Assurance Board; 328 IAC 1-2-2; filed Dec 4, 1992, 11:00 a.m.: 16 IR 1052; readopted filed Jan 10, 2001, 3:21 p.m.: 24 IR 1534; filed Oct 17, 2001, 4:30 p.m.: 25 IR 789; readopted filed May 14, 2007, 1:52 p.m.: 20070523-IR-328070137BFA; readopted filed Jul 29, 2013, 9:18 a.m.: 20130828-IR-328130177BFAFiled Jul 27, 2018, 2:31 p.m.: 20180822-IR-328150231FRA