20 CFR §726.107
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (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.
- (b)If the self-insurer defaults on its obligations under the Act, OWCP has the power, in its discretion, to:
- (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.