A policy of insurance or liability bond does not satisfy the
financial responsibility of requirements of the Act and these
regulations unless the insurer or surety furnishing the policy or bond
to any farm labor contractor, agricultural employer or agricultural
association is:
(a) Legally authorized to issue such policies or bonds in the State
in which the transportation occurs; or
(b) Legally authorized to issue such policies or bonds in the State
in which the farm labor contractor, agricultural employer or
agricultural association has its principal place of business or
permanent residence and is willing to designate a person upon whom
process, issued by or under the authority of any court having
jurisdiction of the subject matter, may be served in any proceeding at
law or equity brought in any State in which the transportation occurs;
or
(c) Legally authorized to issue such policies or bonds in any State
of the United States and eligible as an excess or surplus lines insurer
in any State in which business is written and is willing to designate a
person upon whom process, issued by or under the authority of any court
having jurisdiction of the subject matter, may be served in any
proceeding at law or equity brought in any State in which the
transportation occurs.
