§ 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
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Revised Section Source (U.S. Code) Source (Statutes at Large)
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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).
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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.