Chapter 136 - Financial Responsibility for Underground Storage Tanks - Iowa

Chapter 136 - Financial Responsibility for Underground Storage Tanks is a legal document that was released by the Iowa Department of Natural Resources - a government authority operating within Iowa.

FAQ

Q: What is Chapter 136 about?A: Chapter 136 of Iowa regulations involves financial responsibility for underground storage tanks.

Q: What are underground storage tanks?A: Underground storage tanks are tanks that are used to store substances such as petroleum, chemicals, or hazardous materials below the ground.

Q: Why is financial responsibility important for underground storage tanks?A: Financial responsibility ensures that there are funds available to address any potential leaks, spills, or damages caused by underground storage tanks.

Q: Who is responsible for financial responsibility of underground storage tanks?A: The owners and operators of the underground storage tanks are responsible for maintaining financial responsibility.

Q: What are the requirements for financial responsibility?A: The requirements for financial responsibility include demonstrating the ability to cover costs associated with cleanup, third-party liability, property damage, and bodily injury.

Q: Are there penalties for non-compliance?A: Yes, non-compliance with the financial responsibility requirements can result in penalties, fines, and potential closure of the underground storage tank facility.