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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) 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.
(b) 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.
(c) You must identify a U.S. agent for service of process.
Cite this article: FindLaw.com - Code of Federal Regulations Title 30. Mineral Resources § 30.553.21 How can I use self-insurance as OSFR evidence? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-30-mineral-resources/cfr-sect-30-553-21/
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