1. Regulations
  2. title 30
  3. chapter V
  4. part 553
  5. subpart C
  6. § 553.20

View all text of Subpart C [§ 553.20 - § 553.32]

§ 553.20 - What methods may I use to demonstrate OSFR?

As the designated applicant, you may satisfy your OSFR requirements by using one or a combination of the following methods to demonstrate OSFR:

(a) Self-insurance under §§ 553.21 through 553.28;

(b) Insurance under § 553.29;

(c) An indemnity under § 553.30;

(d) A surety bond under § 553.31; or

(e) An alternative method the Director approves under § 553.32.

AUTHORITY: 33 U.S.C. 2704, 2716; 2716a; E.O. 12777, as amended.

SOURCE: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

CITE AS: 30 CFR 553.20