30 C.F.R. § 253.20   What methods may I use to demonstrate OSFR?


Title 30 - Mineral Resources


Title 30: Mineral Resources
PART 253—OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES
Subpart C—Methods for Demonstrating OSFR

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§ 253.20   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 §§253.21 through 253.28;

(b) Insurance under §253.29;

(c) An indemnity under §253.30;

(d) A surety bond under §253.31; or

(e) An alternative method the Director approves under §253.32.

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