[Code of Federal Regulations]
[Title 49, Volume 5]
[Revised as of October 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 49CFR387.317]

[Page 302-303]
 
                        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 of any surety bond, certificate of insurance, qualifications 
as a self-insurer, or other securities or agreements if, in its

[[Page 303]]

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]