§553.21. How can I use self-insurance as OSFR evidence?
30 C.F.R. § 553.21
If you use self-insurance to satisfy all or part of your obligation to demonstrate OSFR, you must annually pass either a net worth test under § 553.25 or an unencumbered net asset test under § 553.28.
To establish the amount of self-insurance allowed, you must submit evidence of your net worth under § 553.23 or evidence of your unencumbered assets under § 553.26.
You must identify a U.S. agent for service of process.
Notes, amendments, and revision history
Authority
Authority: 33 U.S.C. 2704, 2716; 2716a; E.O. 12777, as amended.
Source
Source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.