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Historical textIn force on Oct. 1, 2012Source: annual CFR editions 2010–2012

§ 387.409 Insurance and surety companies.

Wording in the annual edition revised as of Oct. 1, 2010, superseded by the 2013 annual edition.

govinfo, 2012 edition ↗
Before Jan. 1, 2017 the record is one snapshot per annual CFR edition, revised as of October 1. This is the 2012 edition's wording. An amendment that took effect between Oct. 1, 2012 and Oct. 1, 2012 would not appear until the next edition, so check the citations below and the Federal Register for exact effective dates.

A certificate of insurance or surety bond will not be accepted by the FMCSA unless issued by an insurance or surety company that is authorized (licensed or admitted) to issue bonds or underlying insurance policies:

(a) In each state in which the freight forwarder is authorized by the FMCSA to perform service, or

(b) In the state in which the freight forwarder has its principal place of business or domicile, and will designate in writing upon request by the FMCSA, a person upon whom process, issued by or under the authority of a court of competent jurisdiction, may be served in any proceeding at law or equity brought in any state in which the freight forwarder performs service; or

(c) In any state, and is eligible as an excess or surplus lines insurer in any state in which business is written, and will make the designation of process agent prescribed in paragraph (b) of this section.

(d) In the Province or Territory of Canada in which a Canadian freight forwarder has its principal place of business or domicile, and will designate in writing upon request by FMCSA, a person upon whom process, issued by or under the authority of a court of competent jurisdiction, may be served in any proceeding at law or equity brought in any State in which the freight forwarder operates.

[56 FR 28111, June 19, 1991, as amended at 75 FR 38430, July 2, 2010]

Amendment history

4 distinct wordings on file since Oct. 1, 1998
  1. [56 FR 28111, June 19, 1991, as amended at 75 FR 38430, July 2, 2010; 78 FR 58482, Sept. 24, 2013]
  2. Oct. 1, 2010 → Oct. 1, 2013annual editions 2010–2012diff vs. previousviewing
    [56 FR 28111, June 19, 1991, as amended at 75 FR 38430, July 2, 2010]
  3. [56 FR 28111, June 19, 1991]
  4. Oct. 1, 1998 → Oct. 1, 2001annual editions 1998–2000
    [56 FR 28111, June 19, 1991]

A new entry appears whenever the regulatory words change between government snapshots. Day-precise from the eCFR (2017 onward); before that, one snapshot per annual CFR edition (revised as of October 1). Bracketed citations are the Federal Register history printed with the section.