Form DEP-6035H1 Corporate Guarantee for Closure or Postclosure Care - Kentucky

What Is Form DEP-6035H1?

This is a legal form that was released by the Kentucky Department for Environmental Protection - a government authority operating within Kentucky. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is DEP-6035H1?
A: DEP-6035H1 is a form used in Kentucky for a Corporate Guarantee for Closure or Postclosure Care.

Q: What is the purpose of DEP-6035H1?
A: The purpose of DEP-6035H1 is to establish a guarantee for the closure or postclosure care of a facility.

Q: Who uses DEP-6035H1?
A: DEP-6035H1 is used by companies or organizations that operate facilities in Kentucky that need to provide a guarantee for closure or postclosure care.

Q: What is a Corporate Guarantee?
A: A Corporate Guarantee is a financial assurance mechanism that demonstrates a company's ability to cover the costs of closure or postclosure care of a facility.

Q: What is closure and postclosure care?
A: Closure refers to the process of permanently ceasing operation at a facility, while postclosure care involves ongoing monitoring and maintenance to prevent environmental hazards or impacts.

Q: Why is DEP-6035H1 required?
A: DEP-6035H1 is required to ensure that facilities in Kentucky have the necessary financial means to properly close and maintain their sites after operations cease.

Q: What are the key components of DEP-6035H1?
A: DEP-6035H1 typically includes information about the facility, the corporate guarantor, the financial amount of the guarantee, and any supporting documentation.

Q: Are there any fees associated with DEP-6035H1?
A: There may be fees associated with the submission and processing of DEP-6035H1, as determined by the Kentucky DEP.

Q: Can DEP-6035H1 be amended or replaced?
A: Yes, DEP-6035H1 can be amended or replaced if there are changes to the facility or corporate guarantor that affect the guarantee.