Nevada § 459.525 - Financial responsibility of owner or operator of facility; claim against insurer, guarantor, surety or other person providing evidence of financial responsibility

§ 459.525. Financial responsibility of owner or operator of facility; claim against insurer, guarantor, surety or other person providing evidence of financial responsibility

1. The Commission shall adopt regulations requiring that the owner or operator of

any facility for the treatment, storage or disposal of hazardous waste show his or

her financial responsibility for the undertaking by providing: (a) 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; (b) 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 (c) 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.