RCW 70A.345.040
166 words·~1 min read·
/wa/title-70a/chapter-70a-345/70a-345-040·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.
[ 2020 c 20 s 1437 ; 2016 c 161 s 4 . Formerly RCW 70.340.040 .]
Notes:
Effective date — 2016 c 161 ss 1-13: See note following RCW 70A.345.010 .