20 CFR 726.300 - Purpose and scope.

Code of Federal Regulations - Title 20: Employees' Benefits

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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 D: Civil Money Penalties

726.300 - Purpose and scope.

Any operator which is required to secure the payment of benefits under section 423 of the Act and ? 726.4 and which fails to secure such benefits, shall be subject to a civil penalty of not more than $1,000 for each day during which such failure occurs. If the operator is a corporation, the president, secretary, and treasurer of the operator shall also be severally liable for the penalty based on the operator's failure to secure the payment of benefits. This subpart defines those terms necessary for administration of the civil money penalty provisions, describes the criteria for determining the amount of penalty to be assessed, and sets forth applicable procedures for the assessment and contest of penalties.

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