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Form FMC-132B Passenger Vessel Surety Bond (46 Cfr Part 540)
What Is Form FMC-132B?
This is a legal form that was released by the U.S. Federal Maritime Commission on May 1, 2017 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form FMC-132B?
A: Form FMC-132B is a Passenger Vessel Surety Bond.
Q: What is the purpose of Form FMC-132B?
A: The purpose of Form FMC-132B is to provide a surety bond for passenger vessels.
Q: What is a surety bond?
A: A surety bond is a contract between three parties: the principal (the vessel owner/operator), the surety (the bonding company), and the obligee (the Federal Maritime Commission). It ensures that the vessel owner/operator will fulfill their obligations.
Q: When is Form FMC-132B required?
A: Form FMC-132B is required for vessel operators engaged in foreign voyages with more than 50 passengers.
Q: Is there a fee for Form FMC-132B?
A: Yes, there is a fee associated with obtaining a surety bond using Form FMC-132B.
Q: What is 46 CFR Part 540?
A: 46 CFR Part 540 is a regulation that governs surety bonds for passenger vessels.
Q: Who is responsible for enforcing the regulations regarding Form FMC-132B?
A: The Federal Maritime Commission is responsible for enforcing the regulations regarding Form FMC-132B.
Q: Can I use Form FMC-132B for vessels with fewer than 50 passengers?
A: No, Form FMC-132B is only required for vessels with more than 50 passengers.
Form Details:
- Released on May 1, 2017;
- The latest available edition released by the U.S. Federal Maritime Commission;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form FMC-132B by clicking the link below or browse more documents and templates provided by the U.S. Federal Maritime Commission.
Download Form FMC-132B Passenger Vessel Surety Bond (46 Cfr Part 540)
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