---
kind: "section"
citation: "40 C.F.R. § 267.140"
title: "40"
number: "267.140"
heading: "Who must comply with this subpart, and briefly, what do they have to do?"
url: "https://uscodex.org/cfr/40/267.140"
---

# §267.140. Who must comply with this subpart, and briefly, what do they have to do?

- (a) The regulations in this subpart apply to owners and operators who treat or store hazardous waste under a standardized permit, except as provided in [§ 267.1(b)](/cfr/40/267.1.md?p=b), or [§ 267.140(d)](#d) below.
- (b) **The owner or operator must—**
  - (1) Prepare a closure cost estimate as required in [§ 267.142](/cfr/40/267.142.md);
  - (2) Demonstrate financial assurance for closure as required in [§ 267.143](/cfr/40/267.143.md); and
  - (3) Demonstrate financial assurance for liability as required in [§ 267.147](/cfr/40/267.147.md).
- (c) The owner or operator must notify the Regional Administrator if the owner or operator is named as a debtor in a bankruptcy proceeding under [Title 11](/cfr/11.md) (Bankruptcy), U.S. Code (See also [§ 267.148](/cfr/40/267.148.md)).
- (d) **States and the Federal government are exempt from the requirements of this subpart.**

## Notes

### Authority

Authority: 42 U.S.C. 6902, 6912(a), 6924-6926, and 6930.

### Source

Source: 70 FR 53453, Sept. 8, 2005, unless otherwise noted.