[Code of Federal Regulations]

[Title 49, Volume 5]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR387.317]



[Page 298-299]

 

                        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 299]]



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]