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A complete version of the law that governs underground storage tanks (USTs) is available in the U.S. Code, Title 42, Chapter 82, Subchapter IX .
ECFR :: 40 CFR Part 280 -- Technical Standards and Corrective Action Requirements for Owners and Operators of Underground Storage Tanks (UST)
An underground storage tank system (UST) is a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground. The federal UST regulations apply only to UST systems storing either petroleum or certain hazardous substances .
"Mechanism" - a method of providing financial assurance in which to pay for corrective action and/or third-party compensation costs caused by accidental releases from petroleum underground storage tanks.
(1) Storage tanks installed aboveground shall be installed on firm masonry or concrete foundations. Aboveground horizontal tanks shall have no more than 2 points of support longitudinally. Where necessary, tanks shall be securely anchored to prevent floating.
Some of the storage tanks that are exempt from the federal regulations on USTs are; Farm and residential tanks of 1,100 gallons or less capacity holding motor fuel used for noncommercial purposes.