§ 17-350. Short title - Maintenance, operation and administration.

A.  Sections 350 through 358 of this title shall be known and may be cited as the "Oklahoma Petroleum Storage Tank Release Indemnity Program".

B.  The Corporation Commission shall maintain, operate and administer the Oklahoma Petroleum Storage Tank Release Indemnity Program cooperatively with the regulatory program implementing the regulatory responsibilities of the Commission pursuant to the Oklahoma Storage Tank Regulation Act or any other division of the Commission.  Regulatory responsibilities of the Corporation Commission shall include, but not be limited to, regulatory compliance activities, enforcement of rules promulgated to implement regulatory programs, technical review, development and approval of corrective action plans and determinations that remediation of contaminated sites is complete.

C.  The Administrator of the Oklahoma Petroleum Storage Tank Release Indemnity Program shall maintain, operate and administer the Oklahoma Petroleum Storage Tank Release Indemnity Program and process, review and pay claims in a manner similar to and consistent with the processing, review and payment of claims by self-insurance pools and insurance companies.

Added by Laws 1989, c. 90, § 19, emerg. eff. April 21, 1989.  Amended by Laws 1991, c. 181, § 1, eff. July 1, 1991; Laws 1993, c. 344, § 16, emerg. eff. June 9, 1993; Laws 1998, c. 375, § 26, emerg. eff. June 9, 1998.