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Why was TIIP created?

April 26, 2017tiip

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Why was TIIP created?

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The TIIP was created after discussions with a stake holders group during the summer of 1996. At that time, these stake holders recommended that certified tank installers receive coverage under the USTIF for losses resulting from releases that were caused by their activities. Currently all releases from regulated underground storage tanks are covered by the Underground Storage Tank Indemnification Fund (USTIF). The Fund in turn takes action to collect from the tank installers when negligent activity caused the release.