---
kind: "section"
citation: "30 C.F.R. § 553.28"
title: "30"
number: "553.28"
heading: "What financial test procedures must I use to evaluate the amount of self-insurance allowed as OSFR evidence based on unencumbered assets?"
url: "https://uscodex.org/cfr/30/553.28"
---

# §553.28. What financial test procedures must I use to evaluate the amount of self-insurance allowed as OSFR evidence based on unencumbered assets?

- (a) **Divide the total amount of the stockholders'/owners' equity listed on the balance sheet by 4.**
- (b) Divide the value of the unencumbered U.S. assets by 2.
- (c) The smaller number calculated under paragraphs [(a)](#a) or [(b)](#b) of this section is the maximum allowable amount you may use to demonstrate OSFR under this method.

## Notes

### 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.