§ 60111. —  Financial responsibility for liquefied natural gas facilities.


[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 49USC60111]

 
                        TITLE 49--TRANSPORTATION
 
                        SUBTITLE VIII--PIPELINES
 
                           CHAPTER 601--SAFETY
 
Sec. 60111. Financial responsibility for liquefied natural gas 
        facilities
        
    (a) Notice.--When the Secretary of Transportation believes that an 
operator of a liquefied natural gas facility does not have adequate 
financial responsibility for the facility, the Secretary may issue a 
notice to the operator about the inadequacy and the amount of financial 
responsibility the Secretary considers adequate.
    (b) Hearings.--An operator receiving a notice under subsection (a) 
of this section may have a hearing on the record not later than 30 days 
after receiving the notice. The operator may show why the Secretary 
should not issue an order requiring the operator to demonstrate and 
maintain financial responsibility in at least the amount the Secretary 
considers adequate.
    (c) Orders.--After an opportunity for a hearing on the record, the 
Secretary may issue the order if the Secretary decides it is justified 
in the public interest.

(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 1317.)

                                          Historical and Revision Notes
----------------------------------------------------------------------------------------------------------------
           Revised  Section                    Source (U.S. Code)               Source (Statutes at Large)
----------------------------------------------------------------------------------------------------------------
60111(a)..............................  49 App.:1674b(b)(1), (c).        Aug. 12, 1968, Pub. L. 90-481, 82 Stat.
                                                                          720, Sec.  7(b)(1)-(3), (c); added
                                                                          Nov. 30, 1979, Pub. L. 96-129, Sec.
                                                                          153, 93 Stat. 1002.
60111(b)..............................  49 App.:1674b(b)(2).
60111(c)..............................  49 App.:1674b(b)(3).
----------------------------------------------------------------------------------------------------------------

    In subsection (a), the words ``is not maintaining adequate insurance 
or otherwise'', the text of 49 App.:1674b(c), and the words ``and serve 
upon'' and ``a statement of'' are omitted as surplus.
    In subsection (b), the words ``in accordance with section 554 of 
title 5'' are omitted for consistency in the revised title and because 
5:554 applies to a hearing on the record unless otherwise stated. The 
words ``to be held'' and ``cause as to'' are omitted as surplus. The 
words ``the Secretary considers adequate'' are substituted for 
``indicated in the notice under paragraph (1)'' for clarity and to 
eliminate unnecessary words.
    Subsection (c) is substituted for 49 App.:1674b(b)(3) to eliminate 
unnecessary words.

                  Section Referred to in Other Sections

    This section is referred to in sections 60119, 60122 of this title.






























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