[Code of Federal Regulations]
[Title 49, Volume 4]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 49CFR387.317]

[Page 1070-1071]
 
                        TITLE 49--TRANSPORTATION
 
                      DEPARTMENT OF TRANSPORTATION
 
PART 387_MINIMUM LEVELS OF FINANCIAL RESPONSIBILITY FOR MOTOR 
CARRIERS--Table of Contents
 
Subpart C_Surety Bonds and Policies of Insurance for Motor Carriers and 
                            Property Brokers
 
Sec. 387.317  Refusal to accept, or revocation by the FMCSA of surety 
bonds, etc.

    The FMCSA may, at any time, refuse to accept or may revoke its 
acceptance

[[Page 1071]]

of any surety bond, certificate of insurance, qualifications as a self-
insurer, or other securities or agreements if, in its judgment such 
security does not comply with these sections or for any reason fails to 
provide satisfactory or adequate protection for the public. Revocation 
of acceptance of any certificate of insurance, surety bond or other 
security shall not relieve the motor carrier from compliance with Sec. 
387.301(d).

[47 FR 55945, Dec. 14, 1982, as amended at 62 FR 49942, Sept. 24, 1997]