(1) A person required to register as an accumulator, transporter, or processor of waste tires shall conduct closure by:
(a) Notifying its customers and the cabinet with a schedule of when waste tires will no longer be accepted and closure will begin;
(b) Removing all waste tires in accordance with the schedule;
(c) Conducting any corrective action required by KRS 224.50-866; and (d) Certifying to the cabinet that all waste tires have been removed, that no additional waste tires will be accepted, and that any necessary corrective action has been completed.
(2) The cabinet shall determine that closure has been completed before releasing the financial assurance.