Ownership of Petroleum Site or Petroleum Underground Storage Tank or Property on Which a Petroleum Site or Petroleum Underground Storage Tank Is Located

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A holder is not an “owner” of a petroleum site or a petroleum underground storage tank or UST system, for purposes of compliance with the underground storage tank technical standards, corrective action requirements and financial responsibility requirements; provided, that party does not participate in the management of the petroleum underground storage tank as defined in this part and does not engage in petroleum production, refining and marketing.


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