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Washington Revised Code Title 70A. Environmental Health and Safety § 70A.345.040. Use of funds--Restrictions (Expires July 1, 2030)

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) A recipient of a loan or grant may not use these funds to conduct remedial actions of a release or threatened release from a petroleum underground storage tank system requiring financial assurances under chapter 70A.355 RCW or subtitle I of the solid waste disposal act (42 U.S.C., chapter 82, subchapter IX) unless the owner or operator:

(a) Agrees to first expend all moneys available under the required financial assurances;

(b) Demonstrates that all moneys available under the required financial assurances have been expended; or

(c) Demonstrates that a claim has been made under the required financial assurances and the claim has been rejected by the provider.

(2) A recipient must use a loan or grant for a project that develops and acquires assets that have a useful life of at least thirteen years.

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Cite this article: FindLaw.com - Washington Revised Code Title 70A. Environmental Health and Safety § 70A.345.040. Use of funds--Restrictions (Expires July 1, 2030) - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-70a-environmental-health-and-safety/wa-rev-code-70a-345-040/

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