ML20214K222
| ML20214K222 | |
| Person / Time | |
|---|---|
| Issue date: | 05/29/1985 |
| From: | Jennifer Davis NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS) |
| To: | Minogue R NRC OFFICE OF NUCLEAR REGULATORY RESEARCH (RES) |
| Shared Package | |
| ML20210C089 | List: |
| References | |
| FRN-51FR22531, RULE-PR-30, RULE-PR-40, RULE-PR-50, RULE-PR-61, RULE-PR-70, RULE-PR-72 AC16-1-03, AC16-1-3, NUDOCS 8608200055 | |
| Download: ML20214K222 (4) | |
Text
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Enclosure 5
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NUCLEAR REGULATORY COMMISSION wasmwotos, o. c. zosss 5 g
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MAY 2 S 1985 MEMORANDUM FOR: Robert B. Minogue, Director Of fice of Nuclear Regulatory Research FROM: John G. Davis, Director Office of Nuclear Material Safety and Safeguards
SUBJECT:
RUI.EMAKING TO REQUIRE NOTIFICATION OF BANKRUPTCY There have been cases in which materials licensees filed for bankruptcy, presenting problems with regard to payment of costs for decontamination and decommissioning as well as for securing of licensed radioactive material.
. - - It is important that NRC be notified of cases of bankruptcy filing by licensees for two reasons. First, the agency must be alerted so that it may tM e any necessary action to deal with potential hazards to the public health and safety that may be posed by a licensee that does not have the resources to properly secure the licensed material or to clean up possible contami nation. Second, it is essential that we be promptly notified in order that the agency may have the opportunity to move appropriately in the bankruptcy court to have any available assets of the licensee applied first to cover costs of cleaning up the site, before funds are disbursed to other creditors and become unavailable.
The agency currently has two rulemaking endeavors underway dealing with the related matter of financial responsibility: a proposed rule on decontamination l and decommissioning, and an advance notice of proposed rulemaking concerning financial assurance for cleanup following accidental releases.
It may be possible to add a " notification of bankruptcy' requirement in one of those two efforts, or it may be better to proceed in a separate rulemaking.
We request that you undertake an appropriate rulemaking to add a requirement that licensees provide prompt notification to the Commission of the filing of a petition in bankruptcy.
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bD7 b"T yhdohn G. Davis, Director Office of Nuclear Material Sa fety a nd Sa fegua rds 860820C053 860018 22531 PDR 51 851032 I
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