15 U.S.C. § 2650 : US Code - Section 2650: Asbestos contractors and local educational agencies

Search 15 U.S.C. § 2650 : US Code - Section 2650: Asbestos contractors and local educational agencies

(a) Study
(1) General requirement
The Administrator shall conduct a study on the availability of
liability insurance and other forms of assurance against
financial loss which are available to local educational agencies
and asbestos contractors with respect to actions required under
this subchapter. Such study shall examine the following:
(A) The extent to which liability insurance and other forms
of assurance against financial loss are available to local
educational agencies and asbestos contractors.
(B) The extent to which the cost of insurance or other forms
of assurance against financial loss has increased and the
extent to which coverage has become less complete.
(C) The extent to which any limitation in the availability of
insurance or other forms of assurance against financial loss is
the result of factors other than standards of liability in
applicable law.
(D) The extent to which the existence of the regulations
required by subsections (c) and (d) of section 2643 of this
title and the accreditation of contractors under section 2646
of this title has affected the availability or cost of
insurance or other forms of assurance against financial loss.
(E) The extent to which any limitation on the availability of
insurance or other forms of assurance against financial loss is
inhibiting inspections for asbestos-containing material or the
development or implementation of management plans under this
subchapter.
(F) Identification of any other impediments to the timely
completion of inspections or the development and implementation
of management plans under this subchapter.
(2) Interim report
Not later than April 1, 1988, the Administrator shall submit to
the Congress an interim report on the progress of the study
required by this subsection, along with preliminary findings
based on information collected to that date.
(3) Final report
Not later than October 1, 1990, the Administrator shall submit
to the Congress a final report on the study required by this
subsection, including final findings based on the information
collected.
(b) State action
On the basis of the interim report or the final report of the
study required by subsection (a) of this section, a State may enact
or amend State law to establish or modify a standard of liability
for local educational agencies or asbestos contractors with respect
to actions required under this subchapter.