Sec. 5. The amount of financial responsibility a person must establish under section 1 of this chapter for a transfer station must: (1) be the greater of: (A) four thousand dollars ($4,000) for each acre or part of an acre covered by the transfer station; or (B) an amount determined by the commissioner that is sufficient to close the transfer station in a manner that: (i) minimizes the need for further maintenance; and (ii) provides reasonable, foreseeable, and necessary maintenance during postclosure; and (2) provide assurance of proper postclosure maintenance for one (1) year after the transfer station has ceased operations. [Pre-1996 Recodification Citation: 13-7-32-6(b).] As added by P.L.1-1996, SEC.12.