Section 25292.2 Of Chapter 6.7. Underground Storage Of Hazardous Substances From California Health And Safety Code >> Division 20. >> Chapter 6.7.
25292.2
. (a) All owners and operators of an underground tank system
shall maintain evidence of financial responsibility for taking
corrective action and for compensating third parties for bodily
injury and property damage caused by a release from the underground
tank system, in accordance with regulations adopted by the board
pursuant to Section 25299.3. The regulations shall include a schedule
that requires that financial responsibility requirements are
phased-in for all underground storage tank systems on or before
October 26, 1990.
(b) If the owner and the operator are separate persons, either the
owner or the operator shall demonstrate compliance with subdivision
(a).
(c) An owner may comply with this article by entering into an
agreement with the operator of the tank requiring the operator to
demonstrate compliance with subdivision (a). However, both the owner
and the operator are in violation of subdivision (a) if evidence of
financial responsibility is not established and maintained in
accordance with this article.