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<br />complied with. <br />(f) The permittee may, upon written request to EPA, <br />change the type of financial mechanism or <br />instrument utilized. A change in demonstration of <br />financial responsibility must be approved by the <br />Director. A minor permit modification will be <br />made to reflect any change in financial <br />mechanisms, without further opportunity for public <br />comment. <br />2. Insolvency of Fi <br />an alternate demonstration <br />approved under (f ), ~-bove, <br />demonstration of financial <br />Director within sixt!r (60) <br />events occur: <br />nancial Institution. In the event that <br />of financial responsibility has been <br />the permittee must submit an alternate <br />responsibility acceptable to the <br />days after either of the following <br />(a) The institution issuing the trust or financial <br />instrument files for bankruptcy; or <br />(b) The authority of the trustee institution to act as <br />trustee, or the authority of the institution <br />issuing the financial instrument, is suspended or <br />revoked. <br />3. Cancellation of Demonstration of Financial Institution. <br />The permittee must submit an alternative demonstration of <br />financial responsibility acceptable to the Director, within sixty <br />(60) days after the .institution issuing the trust or financial <br />instrument serves 120-day notice to the EPA of their intent to <br />cancel the trust or 1'.inancial instrument. <br />Page 20 of 61 <br />EPA Permit No. COS2358-0696 <br />