---
kind: "section"
citation: "40 C.F.R. § 264.146"
title: "40"
number: "264.146"
heading: "Use of a mechanism for financial assurance of both closure and post-closure care."
url: "https://uscodex.org/cfr/40/264.146"
---

# §264.146. Use of a mechanism for financial assurance of both closure and post-closure care.


An owner or operator may satisfy the requirements for financial assurance for both closure and post-closure care for one or more facilities by using a trust fund, surety bond, letter of credit, insurance, financial test, or corporate guarantee that meets the specifications for the mechanism in both §§ [264.143](/cfr/40/264.143.md) and [264.145](/cfr/40/264.145.md). The amount of funds available through the mechanism must be no less than the sum of funds that would be available if a separate mechanism had been established and maintained for financial assurance of closure and of post-closure care.


## Notes

### Source

Source: 47 FR 15047, Apr. 7, 1982, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 6905, 6912(a), 6924, 6925, and 6939g.

### Source

Source: 45 FR 33221, May 19, 1980, unless otherwise noted.