{"data":{"id":"us/30-cfr-553.21","jurisdiction":"us","citation":"30 CFR 553.21","heading":"How can I use self-insurance as OSFR evidence?","body":"(a) If you use self-insurance to satisfy all or part of your obligation to demonstrate OSFR, you must annually pass either a net worth test under § 553.25 or an unencumbered net asset test under § 553.28.\n(b) To establish the amount of self-insurance allowed, you must submit evidence of your net worth under § 553.23 or evidence of your unencumbered assets under § 553.26.\n(c) You must identify a U.S. agent for service of process.","path":["Title 30—Mineral Resources","CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR","SUBCHAPTER B—OFFSHORE","PART 553—OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES","Subpart C—Methods for Demonstrating OSFR"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-30.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:24Z","sha256":"4af771c5b925b047a9accb02573e6e31f4110eb15824896856488e320fa0b796","source_id":"us-cfr","stale":true,"prev":"us/30-cfr-553.20","next":"us/30-cfr-553.22"},"notice":"GroundRules: Original legal text. Not legal advice."}