AUG 22, 1986

Concerning the Environmental Protection Agency (EPA) promulgating an interim final rule to amend the financial responsibility requirements concerning liability coverage for owners and operators of hazardous waste treatment, storage, and disposal facilities. This proposed amendment will allow the use of a parent corporate guarantee as an additional financial responsibility mechanism for owners or operators to comply with the third-party liability requirements in the federal Resource Conservation and Recovery Act (RCRA), 40 CFR 264.147 and 265.147. Specifically, as to whether such a guarantee is fully valid and enforceable in South Carolina by third parties who are injured by accidents arising from the operation of a particular facility covered by the guarantee.

Requested by: Bruce Weddle, Director, Permits and State Programs Division (WH-563), Office of Solid Waste, Environmental Protection Agency

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