Document: 10 CFR Part 50
Document ID: 837e4be5-f1f5-443b-a145-1df875b7b0c8
Document Type: cfr
Title: Conditions of licenses.
Source: 10 CFR Part 50
Source URL: https://www.ecfr.gov/current/title-10/part-50/section-50.54
Revision Date: 
Chapter: 
Section ID: 50.54
CFR Part: 50
CFR Title: 10

Content:
trator, in writing, immediately following the filing of a voluntary or involuntary petition for bankruptcy under any chapter of title 11 (Bankruptcy) of the United States Code by or against: ( i ) The licensee; ( ii ) An entity (as that term is defined in 11 U.S.C. 101(14) ) controlling the licensee or listing the license or licensee as property of the estate; or ( iii ) An affiliate (as that term is defined in 11 U.S.C. 101(2) ) of the licensee. ( 2 ) This notification must indicate: ( i ) The bankruptcy court in which the petition for bankruptcy was filed; and ( ii ) The date of the filing of the petition. ( dd ) A licensee may take reasonable action that departs from a license condition or a technical specification (contained in a license issued under this part) in a national security emergency: ( 1 ) When this action is immediately needed to implement national security objectives as designated by the national command authority through the Commission, and ( 2 ) No action consistent with license conditions and technical specifications that can meet national security objectives is immediately apparent. A national security emergency is established by a law enacted by the Congress or by an order or directive issued by the President pursuant to statutes or the Constitution of the United States. The authority under this paragraph must be exercised in accordance with law, including section 57e of the Act, and is in addition to the authority granted under paragraph (x) of this section, which remains in effect unless otherwise directed by the Commission during a national security emergency. ( ee ) ( 1 ) Each license issued under this part authorizing the possession of byproduct and special nuclear material produced in the operation of the licensed reactor includes, whether stated in the license or not, the authorization to receive back that same material, in the same or altered form or combined with byproduct or special nuclear material produced in the operation of