{"data":{"id":"us/20-cfr-726.107","jurisdiction":"us","citation":"20 CFR 726.107","heading":"How negotiable securities are handled.","body":"(a) Deposits of securities provided for by the regulations in this part must be made with any Federal Reserve bank or any branch of a Federal Reserve bank designated by OWCP, or the Treasurer of the United States, and must be held in the name of the Department of Labor.\n(b) If the self-insurer defaults on its obligations under the Act, OWCP has the power, in its discretion, to:\n(1) Collect the interest as it may become due;\n(2) Sell any or all of the securities; and\n(3) Apply the collected interest or proceeds from the sale of securities to the payment of any benefits for which the self-insurer may be liable.\n(c) If a self-insurer with deposits of securities has neither defaulted nor appealed from a determination made by OWCP under § 726.104, OWCP may allow the self-insurer to collect interest on the security deposit.","path":["Title 20—Employees' Benefits","CHAPTER VI—OFFICE OF WORKERS' COMPENSATION PROGRAMS, DEPARTMENT OF LABOR","SUBCHAPTER B—FEDERAL COAL MINE HEALTH AND SAFETY ACT OF 1969, AS AMENDED","PART 726—BLACK LUNG BENEFITS; REQUIREMENTS FOR COAL MINE OPERATOR'S INSURANCE","Subpart B—Authorization of Self-Insurers"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-20.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:45Z","sha256":"8af35b4e6ae18ef1c38783edd5968602a6b1ed69372c27e92b3ba31a06d5729e","source_id":"us-cfr","stale":true,"prev":"us/20-cfr-726.106","next":"us/20-cfr-726.108"},"notice":"GroundRules: Original legal text. Not legal advice."}