Certification of Financial Responsibility for Regulated Underground Storage Tanks - North Carolina

Certification of Financial Responsibility for Regulated Underground Storage Tanks is a legal document that was released by the North Carolina Department of Environmental Quality - a government authority operating within North Carolina.

FAQ

Q: What is the Certification of Financial Responsibility for Regulated Underground Storage Tanks in North Carolina?
A: The Certification of Financial Responsibility is a requirement for underground storage tank owners in North Carolina to demonstrate that they have the necessary funds to clean up any potential leaks or spills.

Q: Who is required to obtain the Certification of Financial Responsibility?
A: All owners and operators of regulated underground storage tanks in North Carolina are required to obtain the Certification of Financial Responsibility.

Q: What does the Certification of Financial Responsibility ensure?
A: The Certification ensures that underground storage tank owners have the financial means to cover the costs associated with cleanup, pollution liability, and property damage that may result from leaks or spills.

Q: How can I obtain the Certification of Financial Responsibility?
A: Owners and operators can obtain the Certification by securing insurance coverage, participating in the state fund, or demonstrating financial responsibility through other approved methods.

Q: What happens if an owner or operator fails to obtain the Certification of Financial Responsibility?
A: Failure to obtain the Certification may result in penalties and fines, and the owner or operator may be held responsible for any cleanup costs or damages that occur as a result of a leak or spill.