Nevada Code § 459.525

Financial responsibility of owner or operator of facility; claim against insurer, guarantor, surety or other person providing evidence of financial responsibility
Open in Lexace · Ask the AI about this section
1. The Commission shall adopt regulations:
(a) Establishing the types of facilities for the
management of hazardous waste for which the owner or operator of a facility for
the management of hazardous waste must show his or her financial responsibility
for the undertaking; and
(b) Requiring the owner or operator to provide:
(1) Evidence that the owner or operator
has a policy of liability insurance in an amount which the Department has
determined is necessary for the protection of human health, public safety and
the environment;
(2) Evidence of security, in a form and
amount which the Department deems necessary, to ensure that at the time of any
abandonment, cessation or interruption of the service provided by the facility,
and thereafter, all appropriate measures will be taken to prevent damage to
human health, public safety and the environment; and
(3) Any other evidence of financial
responsibility which the Commission finds necessary for those purposes.
2. Requirements established pursuant to
this section may not exceed those requirements for financial responsibility
established pursuant to the Resource Conservation and Recovery Act of 1976, 42
U.S.C. 6901 et seq.
3. Any claim arising from conduct for
which evidence of financial responsibility is required may be asserted directly
against the insurer, guarantor, surety or other person providing such evidence
if the owner or operator:
(a) Has filed a petition in bankruptcy, or is the
object of an involuntary petition;
(b) Cannot respond in damages in the event a
judgment is entered against the owner or operator; or
(c) Is not subject to the personal jurisdiction
of any court of this or any other state, or of the United States, or cannot,
with due diligence, be served with process.
4. If a claim is asserted directly against
a person providing evidence of financial responsibility, that person may assert
any right or defense which:
(a) The person might have asserted in any action
against him or her by the owner or operator; or
(b) The owner or operator might have asserted,
had the claim been made against him or her.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.