Sec. 03.03.02.10. Refunds—Tank Leaks  


Latest version.
  • A. A claimant shall notify the Comptroller immediately upon discovery of a leak or suspected leak and immediately implement the following procedure:

    (1) Determine physical inventory using gauge sticks;

    (2) Maintain daily meter readings of all pumps;

    (3) Maintain daily gauge stick readings of all tanks;

    (4) Maintain gauge stick readings before and after each tank receipt; and

    (5) Provide a copy of the credit memorandum from a supplier or casualty underwriter, or an affidavit to the fact that one or both have rejected any claim or part of a claim.

    B. If, after this procedure is followed and it cannot be established that a leak exists, the suspected tank shall be tested by a procedure normal and acceptable to the petroleum industry, and evidence of the test results filed with the Comptroller, before a refund will be considered.