Comprehensive Environmental Response, Compensation, And Liability Act Of 1980 (ercla)
Definition of "Comprehensive environmental response, compensation, and liability act of 1980 (ercla)"
Act that makes the liability cost for cleanup joint and several. Even if a party is only partially responsible for losses inflicted, that party may be liable for the payment of the total cost involved in the cleanup. This liability is retroactive without stipulation as to time limit.
Popular Insurance Terms
Portion of reinsurance premium received by the reinsurer that relates to the unexpired part of the reinsured policy. ...
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