Ask X3What does 49 CFR 387.323T (Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations) require?
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Based on 49 CFR 387.323T, insurers have the option to file certain forms electronically instead of using printed forms (specifically forms BMC 34, BMC 35, BMC 36, BMC 82, BMC 83, BMC 84, BMC 85, BMC 91, and BMC 91X).
To file electronically, the regulation requires insurers to do the following:
* Register with the FMCSA to obtain authorization, which includes receiving an individual account number and password for computer access.
* Transmit filings either online via the internet at https://li-public.fmcsa.dot.gov or via American Standard Code Information Interchange (ASCII) in a fixed format following the required record layout specifications.
* Furnish duplicate originals of any policy, endorsements, surety bond, trust fund agreement, or other filing to the FMCSA upon request.