Section 45. Demonstration of financial responsibility

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The operator of any tank vessel entering upon state waters shall have a Certificate of Financial Responsibility, approved by the Unites States Coast Guard pursuant to § 4202 of the federal Oil Pollution Act of 1990, or shall deposit with the board cash or its equivalent in the amount of $500 per gross ton of such vessel in accordance with 9VAC25-101-50.

Historical Notes

Derived from Volume 21, Issue 02, eff. November 3, 2004.

Statutory Authority

§§ 62.1-44.15, 62.1-44.34:16 and 62.1-44.34:21 of the Code of Virginia.

                    
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