Oklahoma Code § 17-324

Title 17. Corporation Commission: Petroleum Storage Tank Indemnity Fund – Expenditures –
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Administrator – Composition of fund.
A.  Monies in the Petroleum Storage Tank Indemnity Fund shall
only be expended for:
1.  Reimbursements to eligible persons, unless duly assigned to
another, for eligible expenses including the costs to identify and
confirm the existence of a suspected release when so instructed by
the Petroleum Storage Tank Division or when such expenses as
determined by the Petroleum Storage Tank Division as necessary and
appropriate to protect the health, safety and welfare of the public
and the environment;

2.  Reimbursement of actual costs incurred by the Division for
the administration of the Indemnity Fund;
3.  Purchase real property, personal property and easements in
conjunction with corrective action efforts and/or the establishment
of an alternative water supply as provided for in Section 306 of
this title;
4.  Reimbursement of actual costs incurred by the Petroleum
Storage Tank Division for the administration of the Indemnity Fund
and costs incurred for the purpose of evaluating claims and
determining whether specific claims qualify for payment or
reimbursement from the Indemnity Fund.  Any costs incurred by and
reimbursed to the Commission pursuant to the provisions of the
Indemnity Fund shall not exceed the actual expenditures made by the
Commission to implement the provisions of the Indemnity Fund; and
5.  Payment of claims from the Indemnity Fund shall not become
or be construed to be an obligation of this state.  No claims
submitted for reimbursement from the Indemnity Fund shall be paid
with state monies.
B.  The Director of the Petroleum Storage Tank Division shall
hire an Administrator who shall administer the Indemnity Fund for
the benefit of those persons determined to be eligible by the
Administrator to receive total or partial reimbursement for:
1.  The costs determined to be eligible by the Administrator in
preparing a corrective action plan;
2.  The cost of corrective action taken in response to an
eligible release;
3.  Payment of claims for property damage or personal injury
resulting from an eligible release; and
4.  Necessary costs incidental to the cost of a site assessment
or the corrective action taken and for filing and obtaining
reimbursement from the Indemnity Fund.
C.  Reimbursements made to or for the benefit of eligible
persons shall be exempt from The Oklahoma Central Purchasing Act.
D.  1.  Costs incurred as a result of a release from a storage
tank system owned or operated by this state are reimbursable
pursuant to the provisions of the Oklahoma Petroleum Storage Tank
Consolidation Act.  State-owned facilities shall take the proper
corrective action as may be necessary to protect the environment
from a leaking storage tank system.  An agency of the state may also
access said fund for reimbursement when it purchases property
containing storage tanks from an owner or operator qualified to
access the Indemnity Fund and upon which an eligible release has
occurred prior to the agency acquiring the property.
2.  Costs incurred as a result of a release from a storage tank
system owned or operated by a Class I railroad or the federal
government are not reimbursable pursuant to the provisions of the
Oklahoma Petroleum Storage Tank Consolidation Act.

E.  The Indemnity Fund shall consist of:
1.  All monies received by the Commission as proceeds from the
assessment imposed pursuant to Section 327.1 of this title;
2.  Interest attributable to investment of money in the
Indemnity Fund; and
3.  Money received by the Commission in the form of gifts,
grants, reimbursements or from any other source intended to be used
for the purposes specified by or collected pursuant to the
provisions of the Oklahoma Petroleum Storage Tank Consolidation Act.
F.  1.  Except as provided in this section, the monies deposited
in the Indemnity Fund shall at no time become monies of the state
and shall not become part of the general budget of the Commission or
any other state agency.  Except as otherwise authorized by the
Oklahoma Petroleum Storage Tank Consolidation Act, no monies from
the Indemnity Fund shall be transferred for any purpose to any other
state agency or any account of the Commission or be used for the
purpose of contracting with any other state agency or reimbursing
any other state agency for any expense.
2.  Monies from the Indemnity Fund may be used to pay or
reimburse the Commission for the salary and indirect expense of any
employee of the Petroleum Storage Tank Division while such employee
is performing work involved in the regulation of storage tanks
pursuant to the Oklahoma Petroleum Storage Tank Consolidation Act or
the administration of programs pursuant to said act, including the
development, review and approval of corrective action plans as
required by the regulatory programs.  The Indemnity Fund shall pay
for all costs associated with administering the Compliance and
Inspection Department including, but not limited to, automobile and
travel costs, computer software and equipment, and other costs
incurred in administering the Compliance and Inspection Department.
The Commission shall cross-train the field staff of the Petroleum
Storage Tank Division to perform inspections and related field
activities for all programs within the Division and the Indemnity
Fund may reimburse the Division the actual costs of inspection
services performed on behalf of the Indemnity Fund.
Added by Laws 1998, c. 375, § 4, emerg. eff. June 9, 1998.  Amended
by Laws 2004, c. 430, § 5, emerg. eff. June 4, 2004; Laws 2005, c.
435, § 16, eff. Nov. 1, 2005; Laws 2018, c. 27, § 22, eff. Nov. 1,
2018; Laws 2019, c. 82, § 9, eff. July 1, 2019.

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