StacksVerified U.S. regulatory reference

40 CFR §280.220

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Ownership of an UST or UST system or facility or property on which an UST or UST system is located. A holder is not an “owner” of a petroleum UST or UST system or facility or property on which a petroleum UST or UST system is located for purposes of compliance with the UST technical standards as defined in § 280.200(a), the UST corrective action requirements under §§ 280.51 through 280.67, and the UST financial responsibility requirements under §§ 280.90 through 280.111, provided the person:
  1. (a)Does not participate in the management of the UST or UST system as defined in § 280.210; and
  2. (b)Does not engage in petroleum production, refining, and marketing as defined in § 280.200(b).