AGENCY: Department of Environmental Quality. Division of Waste Management and Radiation Control
SERIES: 7762
TITLE: Financial assurance documents
DATES: 1982-
ARRANGEMENT: Alphabetical by owners or operators.
DESCRIPTION: Financial assurance documents are submitted to and created by the agency to ensure a facility has the financial means to properly perform closure and post closure activities on hazardous waste, solid waste, and used oil facilities should the facility cease operations. Records include letters of credit, bank statements, trust agreements, insurance policies, and certificates of liability insurance. Records also include copies of trust fund agreements and record of deposits to the trust funds, copies of letters of credit, corporate financial statements, corporate annual reports, corporate financial status updates, and copies of insurance certificates. Records also include the name and address of the hazardous site waste owner and the location of the site, the amount of funds put into escrow and deposits to those fund, the names and addresses of the financial institutions holding the letters of credit or trust fund accounts, the names and addresses of insurance companies holding policies and the terms and amounts of those policies, and the hazardous waste site owner/operator's latest financial status.
RETENTION
Retain for 5 year(s) after final action
DISPOSITION
Destroy.
RETENTION AND DISPOSITION AUTHORIZATION
Retention and disposition for this series were specifically approved by the State Records Committee.
APPROVED: 04/2013
FORMAT MANAGEMENT
Paper: Retain in Office for 5 years after company certifies clean up procedures are done or until superseded and/or expired and then destroy.
Computer data files: Retain in Office for 5 years after company certifies clean up procedures are done or until superseded and/or superseded and then delete.
APPRAISAL
Administrative Fiscal
PRIMARY DESIGNATION
Public. Utah Code 63G-2-302(2)(b)(ii) (2021)