Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
this financial guarantee bond and have affixed their seals on the date set forth above. The persons whose signatures appear below hereby certify that they are authorized to execute this surety bond on behalf of the Principal and Surety(ies). Principal [Signature(s)] [Name(s)] [Title(s)] [Corporate seal] Corporate Surety(ies) DG-1348 Revision 1, Appendix A, Page A-23 [Name and address] State of incorporation: _________________ Liability limit: $_________________ [Signature(s)] [Name(s) and title(s)] [Corporate seal] [For every co-surety, provide signature(s), corporate seal, and other information in the same manner as for Surety(ies) above.] Bond premium: $_______________ DG-1348 Revision 1, Appendix A, Page A-24 APPENDIX A-5 EXAMPLE OF IRREVOCABLE STANDBY LETTER OF CREDIT STANDBY LETTER OF CREDIT NO. [INSERT NO.] This Credit Expires [ insert date ] Issued To: [Insert U.S. Nuclear Regulatory Commission; Washington, DC 20555, or name and address of appropriate state agency.] Dear Sir or Madam: We hereby establish our Standby Letter of Credit No. _________________ in your favor, at the request and for the account of [applicant’s name and address], up to the aggregate amount of [in words], U.S. dollars $___________ available upon presentation of: (1) your sight draft, bearing reference to this Letter of Credit No.__________, and (2) your signed statement reading as follows: “I certify that the amount of the draft is payable pursuant to regulations issued under authority of __________________.” This letter of credit is issued in accordance with regulations issued under the authority of the U.S. Nuclear Regulatory Commission (NRC), an agency of the U.S. Government, pursuant to the Atomic Energy Act of 1954, as amended, and the Energy Reorganization Act of 1974. The NRC has promulgated regulations in Title 10 of the Code of Federal Regulations (10 CFR), Part 50, and 10 CFR Part 52, which require that a holder of, or an applicant for, a license issued under 10 CFR