ML19308A790
| ML19308A790 | |
| Person / Time | |
|---|---|
| Site: | Oconee  |
| Issue date: | 08/14/1978 |
| From: | Saltzman J Office of Nuclear Reactor Regulation |
| To: | Theis A DUKE POWER CO. |
| References | |
| NUDOCS 7912110781 | |
| Download: ML19308A790 (3) | |
Text
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I UNIT ED STATES
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NUCLEAR REGULATORY COMMISSION 4
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't W ASHINGTON, D. C. 20555
[i AUG 141373
%.....o Docket flos.
-269 50-287 Duke Power Company ATTil:
A. C. Theis Senior Vice President 422 South Church Street i
Charlotte, florth Carolina 28242 Gentlemen:
We are enclosing herewith an amendment to your indemnity agreement reflecting a change in 10 CFR Part 140, " Financial Protectio and Indemnity Agreements."
5 140.92. This article on August 1,1977, adds a new " Article VIII" to establishes procedures that the Commission would u licensees.
We would appreciate your indicating your acce copy to the undersigned.
Sincerely, e
Jerome Saltzman, Chief Antitrust & IndemniMT Group Nuclear Reactor Regulation j
Enclosure:
Amendment to Indemnity Agreement i
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Docket fios. 50-269 50-270 50-287 AMEfiD*tEriT TO Iri3EMNITY AGREEftEliT NO. B 44 NIEND!'ErdT fiO.12_
i Effective August 1.1977, indemnity Agreement flo. B-44, between Duke Power Company, and the Atonic Energy Commission, dated !'. arch 24, 1970, as amended, is hereby further amended by adding a new Article VIII to read as follows:
" ARTICLE VIII If the licensee fails to pay assessed deferred premiums, the "l.
Comission reserves the right to pay those premiums on behalf l
of the licensee and to recover the amount of such premiums from the licensee.
4 "2.
The Comission shall require the immediate submission of i
financial statements by those licensees who indicate, after an assessment of the retrospective premium by the insurance pools, that they will not pay the assessment.
Such financial statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings. Subsequent submission of financial statements by such licensees may be requested by the Coamission, as
- required, j
" 3.
If premiums are paid by the Cocraission as provided in paragraph 1, payment by the Comission shall create a lien in the amount i
paid in favor of the United States upon all property and rights to property, whether real or personal, belonging to such licensee. The lien shall arise at the time payment is made by the Comission and shall continue until the liability for the amount (or a judgment against the licensee arising out of such liability) is satisfied or becomes unenforceable. The Comission will issue a certificate of release of any such lien if it finds that the liability for the amount has been fully satisfied or has become legally unenforceable.
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D'aTs k A u. a. oovsn eus er reinvine orrecs. sero-sas.ea4
_ NRC PORM 318 (9-76) NRCM 0240 j
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. financially If the Cornission determines that the licenste isd praniu able to reimburse the Comission for a deferre tice of such 1
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made in its behalf, and the licensee, after no i bursement determination by the Com.ission fails to make such r iate steps to L c within 120 days, the Commission will take approprThe Co d
suspend the license for 30 days.
further action as necessary if reimbursement is not but not limited i
within the 30-day suspension period includ ng, to, termination of the operating license."
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FOR THE UNITED STATES fiUCLEAR REG
/slKROME SMTI"M I
Jerome Saltzman, Chief Antitrust and Indemnity GroupOffice of Huclear Reacto
_ 1978 Accepted _
By DUKE POWER COMPANY
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Docket Files Desk Indemnity i
IDinitz Reading i
AIG Reading
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