Current through Register Vol. 63, No. 8, August 1, 2024
Section 340-174-0070 - Insurance Copayment(1) In accordance with the insurance copayment certificate and these rules, the Department will pay a portion of the insurance cost to the UST insurer where: (a) Insurance copayment confirmation and insurance required letters have been issued to the applicant;(b) All USTs at a facility meet the requirements of OAR Chapter 340, Divisions 122 and 150 or the applicant is in compliance with a compliance schedule to complete a groundwater corrective action plan;(c) The Department received a copy of the insurance invoice;(d) The billing period is for insurance coverage during the policy year; and(e) Insurance coverage is certified by the insurer. The certification shall include: (A) The insured's name, business name and address;(B) The UST facilities covered by the insurance, complete with name and address of each facility;(E)Total premium and premium for each facility; and(F) Cancellation and reinstatement terms.(2) The Department will copay the insurer within 30 days after receiving a completed invoice for the initial premium, the annual premium or an additional premium. Incomplete invoices will be returned to the insurer for completion.Or. Admin. R. 340-174-0070
DEQ 29-1991(Temp), f. 12-18-91, cert. ef. 12-20-91; DEQ 14-1992, f. & cert. ef. 6-11-92Stat. Auth.:ORS 466.706-466.895 &466.995
Stats. Implemented: OL 1991, Ch. 863, Sec. 38 - 43a