← Energy + Nuclear Federal Register rules

Self-Guarantee of Decommissioning Funding by Nonprofit and Non- Bond-Issuing Licensees

nuclear-waste · Nuclear Regulatory Commission · Published 1998-06-01 · 63 FR 29535

Document

Document number
98-14385
Federal Register citation
63 FR 29535
CFR reference
10 CFR 30
Type
Rule
Action
Final rule.
Category
nuclear-waste
Sub-agency
Nuclear Regulatory Commission
Publication date
1998-06-01

Abstract

The Nuclear Regulatory Commission is amending its regulations to allow additional materials licensees and non-electric utility reactor licensees who meet certain financial criteria to self-guarantee funding for decommissioning. Certain commercial corporate licensees who issue bonds are presently allowed to self-guarantee funding if they meet stringent financial criteria. This rule allows nonprofit licensees, such as colleges, universities, and hospitals, as well as some commercial licensees who do not issue bonds, to self-guarantee funding provided they meet similarly stringent financial criteria. Allowing additional qualified licensees to use self-guarantee reduces licensee costs while providing adequate assurance that funds for decommissioning will be available when needed.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown