Underground Storage Tank Program: Hearing Before the Subcommittee on Transportation and Hazardous Materials of the Committee on Energy and Commerce, House of Representatives, One Hundred Second Congress, First Session, March 20, 1991, Nide 4

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Sivu 11 - No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town or village be allowed to incur any indebtedness except for county, city, town or village purposes.
Sivu 41 - The credit of the State shall not, in any manner, be given or loaned to, or in aid of, any individual, association or corporation.
Sivu 196 - Nor is it necessary for the secured creditor to participate in management decisions relating to hazardous waste. Rather a secured creditor will be liable if its involvement with the management of the facility is sufficiently broad to support the inference that it^ could affect hazardous waste disposal decisions if it so chose.
Sivu 195 - As used in this subsection, the term 'owner' does not include any person who, without participating in the management of an underground storage tank and otherwise not engaged in petroleum production, refining, and marketing, holds indicia of ownership primarily to protect the owner's security interest in the tank. "(10) DEFINITION OF EXPOSURE ASSESSMENT. — As used in this subsection, the term 'exposure assessment...
Sivu 277 - Deep Seabed Revenue Sharing Trust Fund (a) CREATION OF TRUST FUND. - There is established in the Treasury of the United States a trust fund to be known as the 'Deep Seabed Revenue Sharing Trust Fund...
Sivu 193 - Some marketers have reported that their banks are requiring a "state of the art" environmental audit that includes, among other things, tests for metal contaminants and a fullspectrum hazardous waste evaluation. A complete environmental audit can cost up to $10,000 or more per site. An often cited obstacle to financing is the existence, or fear of existence, of contamination on the premises, for which the lender could be held responsible. Historical delivery practices, in which small amounts of product...
Sivu 277 - Trust Fund' (hereinafter in this section referred to as the 'Trust Fund'), consisting of such amounts as may be appropriated or credited to the Trust Fund as provided in this section. (b) TRANSFER TO TRUST FUND OF AMOUNTS EQUIVALENT TO CERTAIN TAXES.
Sivu 195 - national contingency plan" means the national contingency plan published under section 311(c) of the Federal Water Pollution Control Act or revised pursuant to section 105 of this Act. (32) The terms "liable" or "liability'] under this title shall be construed to be the standard of liability which obtains under section 311 of the Federal Water Pollution Control Act.
Sivu 279 - ... evidence of financial responsibility for taking corrective action and compensating third parties for bodily injury and property damage caused by sudden and nonsudden accidental releases arising from operating an underground storage tank.
Sivu 196 - While the court held that some level of actual participation by a security holder is required to abrogate the exemption, the court's opinion did not discuss what level of financial participation would be sufficient to support the inference that a security holder's involvement could influence operational decisions. Until Fleet Factors, lending institutions essentially could avoid liability by not foreclosing on contaminated collateral and not becoming involved in day-to-day operating decisions. Dicta...

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