Title: What is Oil Pollution Act of 1990? definition and meaning - BusinessDictionary.com
Headings: Oil Pollution Act of 1990
Oil Pollution Act of 1990
Definition
+ Create New Flashcard

Content: What is Oil Pollution Act of 1990? definition and meaning - BusinessDictionary.com
Oil Pollution Act of 1990
Definition
+ Create New Flashcard
Popular Terms
A law enacted in 1990 by the U.S. ruling civil liability for removal costs or damages as a result of oil spills in waters of the United States caused by tank vessels or facilities used to explore, drill, produce, store, process, or transport oil. This definition includes motor vehicles, rolling stocks, and pipelines. The law also established provisions related to oil spill prevention, emergency response and cleanup efforts in the event of spills. The Oil Pollution Act of 1990 limits the liability of companies for the economic damages caused by oil spills at 75 million dollars.