{"data":{"id":"us-ok/okla.-stat.-tit.-17-17-324","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 17, § 17-324","heading":"Petroleum Storage Tank Indemnity Fund – Expenditures –","body":"Administrator – Composition of fund.\n\nA. Monies in the Petroleum Storage Tank Indemnity Fund shall\n\nonly be expended for:\n\n1. Reimbursements to eligible persons, unless duly assigned to\n\nanother, for eligible expenses including the costs to identify and\n\nconfirm the existence of a suspected release when so instructed by\n\nthe Petroleum Storage Tank Division or when such expenses as\n\ndetermined by the Petroleum Storage Tank Division as necessary and\n\nappropriate to protect the health, safety and welfare of the public\n\nand the environment;\n\n2. Reimbursement of actual costs incurred by the Division for\n\nthe administration of the Indemnity Fund;\n\n3. Purchase real property, personal property and easements in\n\nconjunction with corrective action efforts and/or the establishment\n\nof an alternative water supply as provided for in Section 306 of\n\nthis title;\n\n4. Reimbursement of actual costs incurred by the Petroleum\n\nStorage Tank Division for the administration of the Indemnity Fund\n\nand costs incurred for the purpose of evaluating claims and\n\ndetermining whether specific claims qualify for payment or\n\nreimbursement from the Indemnity Fund. Any costs incurred by and\n\nreimbursed to the Commission pursuant to the provisions of the\n\nIndemnity Fund shall not exceed the actual expenditures made by the\n\nCommission to implement the provisions of the Indemnity Fund; and\n\n5. Payment of claims from the Indemnity Fund shall not become\n\nor be construed to be an obligation of this state. No claims\n\nsubmitted for reimbursement from the Indemnity Fund shall be paid\n\nwith state monies.\n\nB. The Director of the Petroleum Storage Tank Division shall\n\nhire an Administrator who shall administer the Indemnity Fund for\n\nthe benefit of those persons determined to be eligible by the\n\nAdministrator to receive total or partial reimbursement for:\n\n1. The costs determined to be eligible by the Administrator in\n\npreparing a corrective action plan;\n\n2. The cost of corrective action taken in response to an\n\neligible release;\n\n3. Payment of claims for property damage or personal injury\n\nresulting from an eligible release; and\n\n4. Necessary costs incidental to the cost of a site assessment\n\nor the corrective action taken and for filing and obtaining\n\nreimbursement from the Indemnity Fund.\n\nC. Reimbursements made to or for the benefit of eligible\n\npersons shall be exempt from The Oklahoma Central Purchasing Act.\n\nD. 1. Costs incurred as a result of a release from a storage\n\ntank system owned or operated by this state are reimbursable\n\npursuant to the provisions of the Oklahoma Petroleum Storage Tank\n\nConsolidation Act. State-owned facilities shall take the proper\n\ncorrective action as may be necessary to protect the environment\n\nfrom a leaking storage tank system. An agency of the state may also\n\naccess said fund for reimbursement when it purchases property\n\ncontaining storage tanks from an owner or operator qualified to\n\naccess the Indemnity Fund and upon which an eligible release has\n\noccurred prior to the agency acquiring the property.\n\n2. Costs incurred as a result of a release from a storage tank\n\nsystem owned or operated by a Class I railroad or the federal\n\ngovernment are not reimbursable pursuant to the provisions of the\n\nOklahoma Petroleum Storage Tank Consolidation Act.\n\nE. The Indemnity Fund shall consist of:\n\n1. All monies received by the Commission as proceeds from the\n\nassessment imposed pursuant to Section 327.1 of this title;\n\n2. Interest attributable to investment of money in the\n\nIndemnity Fund; and\n\n3. Money received by the Commission in the form of gifts,\n\ngrants, reimbursements or from any other source intended to be used\n\nfor the purposes specified by or collected pursuant to the\n\nprovisions of the Oklahoma Petroleum Storage Tank Consolidation Act.\n\nF. 1. Except as provided in this section, the monies deposited\n;\n\n2. Interest attributable to investment of money in the\n\nIndemnity Fund; and\n\n3. Money received by the Commission in the form of gifts,\n\ngrants, reimbursements or from any other source intended to be used\n\nfor the purposes specified by or collected pursuant to the\n\nprovisions of the Oklahoma Petroleum Storage Tank Consolidation Act.\n\nF. 1. Except as provided in this section, the monies deposited\n\nin the Indemnity Fund shall at no time become monies of the state\n\nand shall not become part of the general budget of the Commission or\n\nany other state agency. Except as otherwise authorized by the\n\nOklahoma Petroleum Storage Tank Consolidation Act, no monies from\n\nthe Indemnity Fund shall be transferred for any purpose to any other\n\nstate agency or any account of the Commission or be used for the\n\npurpose of contracting with any other state agency or reimbursing\n\nany other state agency for any expense.\n\n2. Monies from the Indemnity Fund may be used to pay or\n\nreimburse the Commission for the salary and indirect expense of any\n\nemployee of the Petroleum Storage Tank Division while such employee\n\nis performing work involved in the regulation of storage tanks\n\npursuant to the Oklahoma Petroleum Storage Tank Consolidation Act or\n\nthe administration of programs pursuant to said act, including the\n\ndevelopment, review and approval of corrective action plans as\n\nrequired by the regulatory programs. The Indemnity Fund shall pay\n\nfor all costs associated with administering the Compliance and\n\nInspection Department including, but not limited to, automobile and\n\ntravel costs, computer software and equipment, and other costs\n\nincurred in administering the Compliance and Inspection Department.\n\nThe Commission shall cross-train the field staff of the Petroleum\n\nStorage Tank Division to perform inspections and related field\n\nactivities for all programs within the Division and the Indemnity\n\nFund may reimburse the Division the actual costs of inspection\n\nservices performed on behalf of the Indemnity Fund.","path":["OK Code","Title 17"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os17.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"5bf80d243741040937408dc1e4bfd2c0d42105b23c1535ca54997d07c46e8c3e","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-17-17-322","next":"us-ok/okla.-stat.-tit.-17-17-325"},"notice":"GroundRules: Original legal text. Not legal advice."}