9VAC20-170-320. Multiple mechanisms.
An owner or operator may satisfy the requirements of this part by establishing more than one financial mechanism, except that mechanisms guaranteeing performance, rather than payment, may not be combined with other mechanisms. The mechanisms shall be as specified in 9VAC20-170-310 C 1 through 4, except that evidence of financial responsibility in the amount at least equal to the amount specified in 9VAC20-170-300 may be provided by a combination of mechanisms, rather than a single mechanism.
Statutory Authority
§§ 10.1-1402 and 10.1-1454.1 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 19, Issue 19, eff. July 2, 2003.