OAR 340-174-0055: Insurance Copayment Certificate of Eligibility

(1) The Department shall issue an insurance copayment certificate to an applicant who has filed a complete application and meets the requirements of OAR 340, division 172 and these rules. (2) The copayment benefits will start on the latter of: (a) The date the project is certified complete by the Department; or (b) The date the insurance is in effect. (3) The applicant may not assign any right, title, and interest in the insurance copayment certificate to any person other than a subsequent property owner, tank owner or permittee of the underground storage tank facility. (4) Insurance copayment certificates shall be valid for one year from the date of issue. An insurance copayment certificate may be renewed subject to availability of funds from the USTCCA fund. (5) The applicant and the insurer are subject to the conditions on the insurance copayment certificate.