Sec. 5. The amount of financial responsibility a person must establish under section 1 of this chapter for a transfer station must:

(1) be the greater of:

Terms Used In Indiana Code 13-22-9-5

(A) four thousand dollars ($4,000) for each acre or part of an acre covered by the transfer station; or

(B) an amount determined by the commissioner that is sufficient to close the transfer station in a manner that:

(i) minimizes the need for further maintenance; and

(ii) provides reasonable, foreseeable, and necessary maintenance during postclosure; and

(2) provide assurance of proper postclosure maintenance for one (1) year after the transfer station has ceased operations.

[Pre-1996 Recodification Citation: 13-7-32-6(b).]

As added by P.L.1-1996, SEC.12.