Loading
Get Form Bmc 85
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Form Bmc 85 online
Filling out the Form Bmc 85 online is a straightforward process designed to facilitate the establishment of a trust fund agreement for property brokers and household goods brokers. This guide provides clear and detailed instructions to ensure you complete the form accurately.
Follow the steps to successfully complete the Form Bmc 85 online.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Complete the 'FMCSA Filer Account No.' section by entering your unique account number assigned by the FMCSA.
- Enter your 'License No.' and 'MC-' number to identify your broker license accurately.
- In the 'Trustor' section, include your full name or the name of your business as the broker.
- Fill in your business address, including street, city, state, and zip code, to ensure proper identification.
- Provide the name of the trustee, which is the financial institution managing the trust fund.
- Indicate the state or district of Columbia in which the trustee is established.
- Clearly state the amount being held in trust as security, either Ten Thousand Dollars ($10,000) for Property Brokers or Twenty Five Thousand Dollars ($25,000) for Household Goods Brokers.
- Review the agreement details, ensuring all responsibilities and conditions are understood, then sign and date the document as Trustor.
- Ensure the Trustee also signs and dates the form. Their signature confirms their acceptance of the role and responsibilities.
- Check for any additional fields or requirements specified by the FMCSA and complete those as necessary.
- Once all information is entered accurately, you can save changes, download a copy for your records, print the form, or share it as required.
Complete your forms online today to streamline your document management process.
A BMC 85 is a specific type of surety bond that freight brokers and carriers must obtain to comply with FMCSA regulations. It guarantees that the company will adhere to transportation laws and responsibly handle the goods they transport. By securing a Form BMC 85, businesses can enhance their credibility and foster trust with clients.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.