Form 17.10 Letter of Credit for Third-Party Damages From Environmental Pollution Liability With Optional Standby Trust Agreement to Be Used by Transfer, Processor, Re-refiner, or off-Specification Burner Facility - Utah

What Is Form 17.10?

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

FAQ

Q: What is a Form 17.10 Letter of Credit?
A: A Form 17.10 Letter of Credit is a document used to provide financial assurance for potential environmental pollution liabilities.

Q: Who can use a Form 17.10 Letter of Credit?
A: Transfer facilities, processors, re-refiners, or off-specification burner facilities in Utah can use a Form 17.10 Letter of Credit.

Q: What is the purpose of a Form 17.10 Letter of Credit?
A: The purpose of a Form 17.10 Letter of Credit is to ensure that funds are available to cover any third-party damages resulting from environmental pollution caused by the facility.

Q: What is an Optional Standby Trust Agreement?
A: An Optional Standby Trust Agreement is an additional provision that can be included in a Form 17.10 Letter of Credit to establish a trust fund as an alternative means of providing financial assurance.

Q: Why is a Form 17.10 Letter of Credit important?
A: A Form 17.10 Letter of Credit is important because it helps protect the environment and provides financial security in case of any pollution-related damages caused by the facility.