Section 23005 - Operator Eligibility Criteria (California Code of Regulations)

§ 23005. Operator Eligibility Criteria

To be eligible for a loan, the operator must demonstrate the ability to:

(a) Repay the loan in a timely manner and to satisfy all other requirements imposed on the operator in the loan agreement;

(b) Promptly and properly close the site with monetary assistance from the Program; and

(c) Adequately maintain the closed site (i.e., a currently acceptable postclosure maintenance financial assurance mechanism).

Note: Authority cited: Sections 40502 and 48206, Public Resources Code. Reference: Sections 48202(a) and 48204(b) and (c), Public Resources Code.

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