# Ohio Admin. Code 3745-267-148: Rule 3745-267-148. Incapacity of owners or operators, guarantors, or financial institutions - financial requirements for standardized permits

> Ohio · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_148

## Section

- **Citation:** Ohio Admin. Code 3745-267-148
- **Heading:** Rule 3745-267-148. Incapacity of owners or operators, guarantors, or financial institutions - financial requirements for standardized permits
- **Jurisdiction:** Ohio
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Ohio Administrative Code / Agency 3745 / Chapter 3745-267 / Rule 3745-267-148

## Text

119.03 (A) An owner or operator shall notify the director by certified mail of the commencement of a voluntary or involuntary proceeding under U.S.C. Title 11 (bankruptcy) naming the owner or operator as debtor, within ten days after commencement of the proceeding. A guarantor of a corporate guarantee as specified in paragraph (G) of rule 3745-267-143 and paragraph (G) of rule 3745-267-147 of the Administrative Code shall make such a notification if the owner or operator is named as debtor, as required under the terms of the corporate guarantee [paragraph (H) of rule 3745-55-51 of the Administrative Code]. (B) An owner or operator who fulfills the requirements of rule 3745-267-143 or 3745-267-147 of the Administrative Code by obtaining a trust fund, surety bond, letter of credit, or insurance policy will be deemed to be without the required financial assurance or liability coverage in the event of bankruptcy of the trustee or issuing institution, or a suspension or revocation of the authority of the trustee institution to act as trustee or of the institution issuing the surety bond, letter of credit, or insurance policy to issue such instruments. The owner or operator shall establish other financial assurance or liability coverage within sixty days after such an event. [Comment: For dates of non-regulatory government publications, publications of recognized organizations and associations, federal rules, and federal statutory provisions referenced in this rule, see rule 3745-50-11 of the Administrative Code titled "Incorporated by reference."] Last updated March 7, 2025 at 5:18 PM Supplemental Information Authorized By: 3734.12 Amplifies: 3734.12 Five Year Review Date:

## Nearby sections

- [Ohio Admin. Code 3745-267-01 Rule 3745-267-01. Standardized permitting - general](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_01.md)
- [Ohio Admin. Code 3745-267-10 Rule 3745-267-10. General facility standards - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_10.md)
- [Ohio Admin. Code 3745-267-13 Rule 3745-267-13. Waste analysis requirements - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_13.md)
- [Ohio Admin. Code 3745-267-14 Rule 3745-267-14. Security requirements - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_14.md)
- [Ohio Admin. Code 3745-267-15 Rule 3745-267-15. General inspection requirements - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_15.md)
- [Ohio Admin. Code 3745-267-16 Rule 3745-267-16. Training - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_16.md)
- [Ohio Admin. Code 3745-267-17 Rule 3745-267-17. Management of ignitable waste, reactive waste, or incompatible wastes - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_17.md)
- [Ohio Admin. Code 3745-267-18 Rule 3745-267-18. Standards to select the location of the facility - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_18.md)
- [Ohio Admin. Code 3745-267-30 Rule 3745-267-30. Preparedness and prevention - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_30.md)
- [Ohio Admin. Code 3745-267-50 Rule 3745-267-50. Contingency plan and emergency procedures - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_50.md)
- [Ohio Admin. Code 3745-267-70 Rule 3745-267-70. Applicability - manifest system, recordkeeping, reporting, and notifying - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_70.md)
- [Ohio Admin. Code 3745-267-71 Rule 3745-267-71. Use of the manifest system - manifest system, recordkeeping, reporting, and notifying - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_71.md)
- [Ohio Admin. Code 3745-267-72 Rule 3745-267-72. Manifest discrepancies - manifest system, recordkeeping, reporting, and notifying - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_72.md)
- [Ohio Admin. Code 3745-267-73 Rule 3745-267-73. Information - manifest system, recordkeeping, reporting, and notifying - standardized permitting](https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_73.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OH_ADC_3745_267_148. Check the current official text before relying on it. Not legal advice.