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Neutron Products Corp. news



Interestingly, the state of Maryland determines that the company does not have adequate resources to shutdown so they issue an order to shutdown.  Curious.

The regulatory requirement to demonstrate this financial reserve was added long after many companies were licensed.  It appears that the inability to comply creates the no-win situation of putting a presumably viable company into eventual receivership, and hence probably into the lap of the state. [note that there is a long regulatory history here which opens the possibility of other motives for this action.]

Question:  Is anyone aware of any difficulties with other companies when NRC created this financial requirement.
Disclaimer:  the above are the personal musings of the author, and do not represent any past, present, or future position of NIST, the U.S. government, or anyone else who might think that they are in a position of authority.
Lester Slaback, Jr.  [Lester.Slaback@NIST.GOV]
NBSR Health Physics
Center for Neutron Research
NIST
100 Bureau Dr.  STOP 3543
Gaithersburg, MD  20899-3543
301 975-5810