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Ohio Administrative Code (Last Updated: January 12, 2021) |
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3745 Ohio Environmental Protection Agency |
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Chapter3745-92. Escrow Requirements |
3745-92-02. Financial assurance required
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If the system for which an application is made under rule 3745-91-02 of the Administrative Code is a community water system which serves or will serve fewer than five hundred service connections, and the system is not owned and operated by a public entity, or a system regulated by the public utilities commission, evidence shall be submitted prior to approval under said rule showing the following:
(A) That the owner or operator has provided financial assurance, in a form acceptable to the director, in the amount required by section 6109.08 of the Revised Code.
(B) The name and location of the escrowee, which shall be a bank or other institution approved in writing by the director.
(C) A copy of the financial assurance, the terms of which shall ensure compliance with the requirements of this chapter and section 6109.08 of the Revised Code.