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Code · CFR · Title 10 — Energy · Part 140 — Financial Protection Requirements and Indemnity Agreements · § 140.14

§ 140.14. Types of financial protection.

121 words·~1 min read·/us/cfr/t10/s§ 140.14·

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(a)The amounts of financial protection required under this part may be furnished and maintained in the form of:
(1)An effective policy of liability insurance from private sources; or
(2)Adequate resources to provide the financial protection required by §§ 140.11, 140.12; 140.13 or § 140.13a; or
(3)Such other type of financial protection as the Commission may approve; or
(4)Any combination of the foregoing.
(b)In any case where the Commission has approved proof of financial protection filed by a licensee the licensee shall not substitute one type of financial protection for another type without first obtaining the written approval of the Commission. [25 FR 2944, Apr. 7, 1960, as amended at 42 FR 49, Jan. 3, 1977]
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