There is a newer version
of
this Section
2021 Ohio Revised Code
Title 49 | Public Utilities
Chapter 4906 | Power Siting
Section 4906.222 | Decommissioning Performance Bond Update.
Universal Citation: Ohio Rev Code § 4906.222 (2021)
Effective: October 11, 2021
Latest Legislation: Senate Bill 52 - 134th General Assembly
(A) The performance bond for the decommissioning of a utility facility shall be updated every five years, based on the most recent estimates, as described in section 4906.212 of the Revised Code.
(B) If the costs of decommissioning are greater in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall be increased proportionately.
(C) If the costs of decommissioning are lower in the most recent estimate than the costs of the immediately preceding estimate, the performance bond shall not be decreased.
Last updated July 23, 2021 at 4:53 PM
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
