Section 170.750  Substitution of Financial Responsibility Mechanisms by an Owner or Operator

a)         An owner or operator may substitute any alternate financial responsibility mechanism as specified in Section 170.730, provided that at all times the owner or operator maintains an effective financial responsibility mechanism or combination of mechanisms that satisfies the requirements of this Subpart.

b)         After obtaining alternate financial responsibility as specified in Section 170.730, an owner or operator may cancel the replaced financial responsibility mechanism by providing notice to the provider of financial assurance.

(Source:  Added at 19 Ill. Reg. 5467, effective April 1, 1995)