ML20148H681

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Forwards Amend to 10CFR140, Financial Protection Requirements & Indemnity Agreements, Reflecting Increase in Financial Coverage.W/O Encl
ML20148H681
Person / Time
Site: Yankee Rowe
Issue date: 02/14/1972
From: Johnson L
US ATOMIC ENERGY COMMISSION (AEC)
To: Soucy A
YANKEE ATOMIC ELECTRIC CO.
References
NUDOCS 8011190541
Download: ML20148H681 (1)


Text

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DISTRIBUTION:

Licensee (2'origg.)

File PDR C0 '

Docket No. 50-29 OGC -

OC Er Indemnity 7 v.

.pegy  :, =

Yankee Ato:cic Electric Company '-

ATTN: Mr. A. R. Soucy 20 Turtmike Road Uestborough, Hananchusetts 01581 -

Centlemen: .

We are enclosing herewith an amendment to 10 CFR Part 140, " Financial Protection Requirements and Indemnity Agreements," which will becoaa effective March 1, 1972. The amendment is being forwarded to the .

Federal Register _ for publication an an effectivo rule.

This amendment given effect to the recent increano, from $62 million to $95 million, in available nuclear energy liability insurance pro-vided by Nuclear Energy Liability Insurance Ascociation and Hutuni Atouic r.ncray Liability Underwritern. Inam::uch aa you are a licensee of a facility for which the amount of financial protection required under Section 170b. of the Atomic Energy Act of 1954, as amended, and c cetion 140.11(a)(4) of 10 CTR Part 140, shall be the v:nxinue naount availabic from private nources, it vill be necessary that you nubmit, by Unrch 1,1972, proof of financini protection in the enount of 095 r1111on. Such proof nay be in the form of e.ndoracnente to your nucicar enerny liability innurnnce policies.

An nppropriate anendn.ent to your indet:nity agree: ent in currently baitv; prepared and will be forvardnd to you upon receipt of proof of finc.ncini protection in the revined arount na cented above.

Plonne contact es if you have any questione uith " ntd to the fore goin;;.

IfflS DOCUMENT CONTAINS ---

sincerely, POOR QUAUTY PAGES Lyn 11 Johncon, Director Divinion of Stnte and Licensee Enintions T.nclos uro :

A'vudnontto/0CFR{nrt140 /'

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