(A) For an owner or operator to obtain any coverage by the trust fund for corrective action necessary to address an accidental release, all of the following requirements must be met:
(1) At the time of the discovery of the release, the owner or operator must have met each of the requirements for trust fund eligibility as set forth in Rule 12.302(D);
(2) The release must have occurred after February 22, 1989;
(3) The Division must have been given timely notice of the release as required by Rule 12.305;
(4) The owner or operator must cooperate fully with the Division in conducting corrective action to address the release; and
(5) The owner or operator must have expended seven thousand five hundred dollars ($7,500) in reasonable, allowable, and necessary corrective action costs for the occurrence.
(B) Upon request by the Division, the owner or operator shall submit proof of compliance with the requirements for trust fund coverage.
