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What is the PRCF?

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What is the PRCF?

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The Petroleum Release Compensation Fund (PRCF) is a state-operated program that can financially assist petroleum tank owners with the cleanup of petroleum releases. The PRCF has been approved by the Environmental Protection Agency as an acceptable financial assurance mechanism for underground petroleum storage tanks that are regulated under 40 CFR part 280. The PRCF was established under the Petroleum Inspection and Release Compensation Act in 1988.

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