If the owner and operator of a petroleum underground storage tank are separate persons, only one person is required to demonstrate financial responsibility.

• A. True
• B. False
• C. Not specified
• D. Depends on tank size

Answer: (A)

Financial responsibility for a petroleum underground storage tank is about having funds available to cover cleanup costs and third‑party claims if a release occurs. When the owner and the operator are separate people, only one demonstration of financial responsibility is required for the tank system. Once one party provides a qualifying financial assurance, it covers the facility, so there isn’t a need for both individuals to prove financial responsibility separately. The rule doesn’t depend on tank size and isn’t left unspecified; it allows a single demonstrator to meet the requirement for the facility.