S.C. Code Regs. § § 61-107.279.E.42

Current through Register Vol. 48, No. 10, October 25, 2024

Section 61-107.279.E.42 - Notification and Insurance Requirements

a. Used oil transporters that have previously notified EPA of hazardous waste and other used oil management activities and obtained an EPA identification number must also register with the Department to identify their used oil transportation activities.

b. A used oil transporter who has not received an EPA identification number may obtain one by notifying the Department of their used oil activity by submitting a completed SCDHEC Form 2701.

c. In addition to obtaining an EPA identification number, each transporter of used oil shall register with the Department. Registration shall be made by completion of an application form provided by the Department.

d. A transporter of used oil shall have and maintain financial responsibility for sudden and accidental occurrences in the amount of at least one million dollars ($1,000,000) per occurrence exclusive of legal defense costs. Coverage must provide for claims arising out of injury to persons, property or the environment including the spillage of used oil while such wastes are being transported and including the costs of cleaning up the spill. Such liability coverage must be maintained at all times while the registration is in force.

e. The financial responsibility required in subsection d. may be established by any one or a combination of the following:

(1) Evidence of liability insurance, either on a claim made or an occurrence basis, with or without a deductible, with the deductible, if any, to be on a per occurrence or per accident basis and not to exceed ten (10) percent of the equity of the registered transporter;

(2) self insurance, the level of which shall not exceed ten (10) percent equity of the registered transporter; or

(3) other evidence of financial responsibility approved by the Department.

S.C. Code Regs. § 61-107.279.E.42

Added by State Register Volume 19, Issue No. 7, eff July 28, 1995; State Register Volume 40, Issue No. 06, eff. 6/24/2016.