Ask X3What does 49 CFR 387.413T (Forms and procedures) require?
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Based on 49 CFR 387.413T, here are the specific forms and procedures required for your motor-carrier operation:
* Forms: Endorsements for insurance policies, surety bonds, certificates of insurance, applications for self-insurance or other securities/agreements, and notices of cancellation must use the specific forms prescribed in subpart C of this part.
* Filings: You must file your certificates of insurance, surety bonds, and notices of cancellation directly with the FMCSA.
* Names: All certificates of insurance and surety bonds must be issued in the exact, full name—including any trade names—of the individual, partnership (naming all partners), corporation, or other person who holds or is being issued the permit.
* Cancellation: Generally, your certificates of insurance, surety bonds, and other securities or agreements cannot be cancelled or withdrawn until 30 days after the FMCSA receives written notice from the insurance company, surety, freight forwarder, or other responsible party.
* Termination by Replacement: A certificate of insurance or surety bond can be replaced by a new certificate, bond, or other security. The liability of the previous insurer or surety ends on the effective date of the replacement, provided the FMCSA finds it acceptable.