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:
“insurance policy,” “parent guarantee,” “certificate(s) of deposit,” or “deposit of government securities”] to provide [insert “all” or “part”] of such financial assurance for the facilities identified herein; and WHEREAS, when payment is made under a [insert “letter of credit,” “line of credit,” “surety bond,” “insurance policy,” “certificate(s) of deposit,” “deposit of government securities,” or “parent guarantee”], this Standby Trust shall be used for the receipt of such payment; and WHEREAS, the Grantor, acting through its duly authorized officers, has selected the Trustee to be the trustee under this Agreement, and the Trustee is willing to act as trustee, NOW, THEREFORE, the Grantor and the Trustee agree as follows: [The remainder of the recommended wording for the Standby Trust Agreement is as indicated in A-3.1 for the Trust Fund Agreement except that the words “Standby Trust Fund” should be substituted in Section 3 and Section 10 in place of the words “Trust Fund.”] DG-1348 Revision 1, Appendix A, Page A-18 APPENDIX A-3.2.1 EXAMPLE OF CERTIFICATE OF EVENTS [Insert name and address of Trustee] Attention: Trust Division Gentlemen: In accordance with the terms of the Agreement with you dated _________, I, ______________, [Authorized Officer] of [insert name of licensee], hereby certify that the following events have occurred: 1. [Insert name of licensee] has begun the decommissioning of its facility located at [insert location of facility] (hereinafter called the decommissioning). 2. The plans and procedures for the commencement and conduct of the decommissioning have been noticed and approved by the U.S. Nuclear Regulatory Commission, or its successor, on ________________ (copy of approval attached). 3. The Board of Directors of [insert name of licensee] has adopted the attached resolution authorizing the commencement of the decommissioning. _______________________________________ [Authorized