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Ohio Rev. Code Ann. § 4906.22

Decommissioning performance bond required

Effective: October 11, 2021; Latest Legislation: Senate Bill 52 - 134th General Assembly

(A) Prior to beginning construction, the applicant shall post a performance bond to ensure that funds are available for the decommissioning of the facility.

(B) The power siting board shall be the obligee of the bond.

Last updated July 23, 2021 at 4:52 PM

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.