RSA 162-F:21-a · Changes in Ownership

162-F:21-a Changes in Ownership. –

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I.

At the time a non-utility acquires an ownership interest in a facility, sufficient moneys shall have been paid into the fund, so that the balance of the fund for that ownership interest shall equal or exceed the minimum decommissioning funding requirements of the Nuclear Regulatory Commission for that ownership interest by the funding date.

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II.

Prior to acquiring an ownership interest in a facility, an electric utility or non-utility shall demonstrate its ability to provide the funding assurance required by the committee, as provided in RSA 162-F:21-c.

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III.

The funding assurance:

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(a)

Method or methods, level, and adequacy must be approved by a final order of the committee prior to such electric utility or non-utility acquiring an ownership interest in a facility.

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(b)

Shall be in effect from the date the electric utility or non-utility acquires an ownership interest in the facility, until the date of license termination by the Nuclear Regulatory Commission and completion of decommissioning required by the committee and, upon the request of the committee, shall be payable directly into the fund. Source. 2001, 193:10, eff. Sept. 3, 2001.

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