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CCR,TITLE 23,DIVISION 3,CHAPTER 18,PETROLEUM UNDERGROUND STORAGE TANK CLEANUP FUND <br /> Effective November 27,2000 <br /> (1) $1 million per occurrence for owners and operators of underground storage <br /> tanks either located at a petroleum marketing facility or which handle an <br /> average of more than 10,000 gallons of petroleum per month based on annual <br /> throughput for the previous calendar year; or <br /> (2) $500,000 per occurrence for all owners or operators not included in the <br /> preceding subdivision; and <br /> (3) $1 million annual aggregate coverage for owners or operators of 1 to 100 <br /> underground storage tanks; or <br /> (4) $2 million annual aggregate coverage for owners or operators of 101 or more <br /> underground storage tanks. <br /> (b) The amounts of assurance required under this section exclude legal defense cost as <br /> defined in 40 Code of Federal Regulations, section 280.92. <br /> (c) The required per occurrence and annual aggregate coverage amounts do not in any <br /> way limit the liability of the owner or operator. <br /> Authority: Section 25299.77,Health and Safety Code <br /> Reference: Sections 25299.30&25299.32,Health and Safety Code <br /> 2808. Demonstration of Financial Responsibility ThroughCompliance with <br /> Federal Requirements <br /> Owners or operators may fulfill federal financial responsibility requirements in the <br /> manner and through the mechanisms authorized by the Federal Act. Owners or operators <br /> who choose to fulfill financial responsibility,requirements through a mechanism other <br /> than the Fund must meet all applicable conditions and requirements, and are subject to <br /> all applicable provisions contained in the Federal Act. <br /> Authority: Section 25299.77,Health and Safety Code <br /> Reference: Sections 25299.30&25299.33,Health and Safety Code <br /> t <br /> 2808.1. Use of Fund to Meet Financial Responsibility Requirements <br /> (a) As an alternative to, or in conjunction with,demonstration of financial <br /> responsibility in the manner and through use of other mechanisms authorized by <br /> the Federal Act, an owner or operator may demonstrate financial responsibility of <br /> up to $1 million through use of the Fund. In order to use the Fund as a basis for <br /> demonstration of financial responsibility for taking corrective action and for <br /> compensating third parties for bodily injury and property damage, an owner or <br /> operator must at all times: <br /> _Sections 2807(a)(1)th_ru 28081(a) <br /> 3.3 <br />