Sec. 401.2085.  REVIEW OF FINANCIAL ASSURANCE.  (a)  The commission shall conduct a review of the adequacy of the financial assurance mechanisms of the compact waste disposal facility license holder that were approved by the commission before January 1, 2011, against projected post-closure costs, including a review of the adequacy of funds for unplanned events.  The review shall consider:
(1)  the segregation of financial assurance funds from other funds;
(2)  the degree of risk that the financial instruments are subject to financial reversal;
(3)  potential post-closure risks associated with the compact waste disposal facility; and
(4)  the adequacy of the financial instruments to cover the state's liabilities.
(b)  Not later than December 1, 2012, the commission shall submit a final report of the results of the review to the standing committees of the senate and the house of representatives with jurisdiction over the disposal of low-level radioactive waste.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1244 (S.B. 1504), Sec. 3, eff. September 1, 2011.