Application For Replacing The Qualifying Individual - California 515.11 Basic requirements for licensing; eligibility. Choose My Signature. 40901-40904) and this part. (d) Commission means the Federal Maritime Commission. The qualifying individual must have a minimum of three years experience in the ocean transportation intermediary business in the United States in order to be approved. Qualified Individuals (QI) program - Medicareresources.org 515.23 Claims against an ocean transportation intermediary. Claims against an ocean transportation intermediary. (2) Prepared and processed the ocean bill of lading, dock receipt, or other similar document with respect to the shipment. (a) Form and amount. 41107-41109). 41301-41302, 41305-41307(a)), but otherwise seeks to pursue a claim against an ocean transportation intermediary bond, insurance, or other surety for damages arising from its transportation-related activities, it shall attempt to resolve its claim with the financial responsibility provider prior to seeking payment on any judgment for damages obtained. endobj (ii) Application for change to OTI license or license transfer as required by 515.20(a) and (b): Filing $125. Length of qualifying ocean transportation . (b) To whom issued. qualification of the applicant. 40902 and this part. 1, January 20, 2003. L. 105-383, 112 Stat. (a) Forms. . Within 30 days of the change, Licensed or Registered NVOCCs and ocean freight forwarders must report changes to any information that was provided on their most recent application. Replacement or additional qualifying individual. (For license transfers, the information will be that of the The Surety shall indicate that $50,000 is available to pay such fines and penalties for each NVOCC listed on appendix A to this Rider wishing to exercise this option. *Persons failing to indicate accurate residency status will be automatically charged the non-resident rate. 40501 and part 520 of this chapter, and a bond, insurance, or other surety as required by 46 U.S.C. 41107-41109); and, (ii) Be for an amount up to the amount determined in accordance with 515.21(b), taking into account a member's individual financial responsibility coverage already in place. (See 46 C.F.R. (c) Failure to provide necessary information and documents. The insurance must provide coverage for damages, reparations or penalties arising from any transportation-related activities under the Act of the insured ocean transportation intermediary. The qualifying individual must have $225. He or she need not be a shareholder of the company, but must be an officer and a full-time employee. Incomplete applications will be returned without processing. Check the box that applies. FMC Regulations & Statutes - Federal Maritime Commission (2) Whenever a person acts in the capacity of an NVOCC as to any shipment, such person shall not collect compensation, nor shall any underlying ocean common carrier pay compensation to such person, for such shipment. Such termination shall become effective thirty (30) days after receipt of said notice and proof of transmission by the Federal Maritime Commission. supplemental pages. Following is a list of in the group's annual report. Form FMC-18must be filed for any changes to a licensee: Other changes to information reported on the original Form FMC-18 may be reported by an officer of the company via email to oti@fmc.gov. [80 FR 68736, Nov. 5, 2015, as amended at 85 FR 9683, Feb. 20, 2020]. After all Parts of the application have been completed and the application has been submitted, you must submit the required. preclude licensing. If applicant is currently licensed as an ocean freight 862. The qualifying individual must have a minimum of three years experience in the ocean transportation intermediary business in the United States in order to be approved. (2) Hearing procedure. Only the All application forms (FMC-18) are now filed electronically. The qualifying individual's experience must have been gained in the United States. Where more than one person operates under a common trade name, separate proof of financial responsibility is required covering each corporation or person separately providing ocean transportation intermediary services. Form FMC-18 (Rev. 1996, chap 292), and in accordance with If the transferor will with the applicant. licensed. Other changes in material fact of a licensee shall be reported within thirty (30) days of such changes, in writing by mail or email (bcl@fmc.gov) to the Director, Bureau of Certification and Licensing, Federal Maritime Commission, Washington, DC 20573. proposing more than one qualifying individual complete Part D for each For purposes of this paragraph, it is sufficient that a person seeking to serve process on an ocean transportation intermediary, or group of such intermediaries, affirm to the Commission's Secretary that: they have contacted, or attempted to contact, the designated agent to confirm whether it remained authorized to accept service of process; or, if no legal agent is designated in the tariff, that it has no knowledge of the identity of the ocean transportation intermediary's legal agent. No conference or group of common carriers shall deny in the export commerce of the United States compensation to an ocean freight forwarder or limit that compensation, as provided for by section 19(e)(4) of the Act (46 U.S.C. 0 (1) It possesses the necessary experience, that is, its qualifying individual has a minimum of three (3) years' experience in ocean transportation intermediary activities in the United States, and the necessary character to render ocean transportation intermediary services. Such termination shall become effective thirty (30) days after receipt of said notice by the Commission. (c) Duration of license. Sub-Organizations - Assistant Secretary Of The Air Force The Insurer shall not be liable for any transportation-related activities under the Shipping Act of the Insured after the expiration of the 30-day period but such termination shall not affect the liability of the Insured and Insurer for such activities occurring prior to the date when said termination becomes effective. [80 FR 68733, Nov. 5, 2015, as amended at 84 FR 62467, Nov. 15, 2019]. Individual Retirement Accounts - MFS Qualifying Individual (QI) - Distribution-Publications, Inc. Such termination shall become effective thirty (30) days after receipt of said notice and proof of transmission by the Federal Maritime Commission. Use a different letter for each qualifying individual (i.e., A5, the Commission's regulations that explains the Licensing and Financial 8.Second Qualifying Individual (Optional) The company has the option to qualify a second individual. (e) Common carrier means any person holding itself out to the general public to provide transportation by water of passengers or cargo between the United States and a foreign country for compensation that: (1) Assumes responsibility for the transportation from the port or point of receipt to the port or point of destination, and. This part also prescribes the financial responsibility requirements and the duties and responsibilities of ocean transportation intermediaries, and regulations concerning practices of ocean transportation intermediaries with respect to common carriers. means an individual aged 18 years or over who is deemed to be resident in the UK for tax purposes. here. Notice of filing of each application shall be published on the Commission 's Web site www.fmc.gov and shall state the name and address of the applicant and the name of the QI. PRIVACY ACT AND PAPERWORK REDUCTION ACT NOTICE . (ii) Applications or registrations shall be rejected unless the applicable fee and any bank charges assessed against the Commission are received by the Commission within ten (10) business days after submission of the application or registration. You should familiarize 41301-41302, 41305-41307(a)), or any penalty assessed against the Principal pursuant to section 13 of the Shipping Act (46 U.S.C. Generally, you can expect Attach all supporting shipments, drafts, letters of credit, and any other sums due such principal(s) or shipper(s). Non-U.S.-based NVOCCs may obtain a registration or license from the FMC. At least one of the active managing partners, unless the partners are entities, such as corporations, in which case an officer, member, or manager of one of the entities as long as the entity is a general partner. 40901-40904)) ____ [indicate whether NVOCC or Freight Forwarder], as Principal (hereinafter Principal), and ____, as Surety (hereinafter Surety) are held and firmly bound unto the United States of America in the sum of $____ for the payment of which sum we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally. (viii) Failure to designate and maintain a person in the United States as legal agent for the receipt of judicial and administrative process, including subpoenas, as required by 515.24. you can't claim him or her as a dependent not a qualifying person. This person is called the FMC Qualifying Individual or "QI". [64 FR 11171, Mar. payable to the Federal Maritime Commission. Please do not send cash. 13. Check all the boxes 46 CFR Part 515 - LII / Legal Information Institute The Federal Maritime Commission amends its regulations pertaining to the licensing requirements of ocean transportation intermediaries in accordance with the Shipping Act of 1984, as amended by The Ocean Shipping Reform Act of 1998. The insurance must be placed with: (1) An Insurer having a financial rating of Class V or higher under the Financial Size Categories of A.M. Best & Company, or equivalent from an acceptable international rating organization; (3) Surplus lines insurers named on a current white list issued by the Non-Admitted Insurers' Information Office of the National Association of Insurance Commissioners; or. (4) Limited liability company. Indicate all entities of any type whether in the United 8, 1999, as amended at 80 FR 68737, Nov. 5, 2015]. 5 Helpful. Signed and sealed this ____ day of ____, ____. If the response to any question is yes, please attach an explanation. endstream endobj 1209 0 obj <>/Metadata 71 0 R/Pages 1206 0 R/StructTreeRoot 112 0 R/Type/Catalog>> endobj 1210 0 obj <>/MediaBox[0 0 612 792]/Parent 1206 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1211 0 obj <>stream the name of your existing company, the new name of the company should appear (3) Publication of Notice. You may obtain You can learn more about the process [80 FR 68735, Nov. 5, 2015, as amended at 84 FR 62468, Nov. 15, 2019]. For corporations, an Amended Articles of The identity of the shipper must always be disclosed in the shipper identification box on the bill of lading. The Qualified Individuals (QI) program is a Medicare Savings Program (MSP) that pays for an enrollee's Medicare Part B premiums. Free LLC Meeting Minutes Template | Sample - Word - EForms ZI])(. Privacy Act and Paperwork Reduction Act Notice. ), Ocean Transportation Intermediary (OTI) Insurance, Form Furnished as Evidence of Financial Responsibility. 515.21 Financial responsibility requirements. must match exactly the legal name of the applicant including abbreviations and proof of financial responsibility upon notification by the Commission that the The Guarantor must certify that it has sufficient and acceptable assets located in the United States to cover all damages arising from the transportation-related activities of the covered ocean transportation intermediary as specified under the Act. To insure that those work experiences Any person serving the Secretary must also send to the ocean transportation intermediary, or group or association of ocean transportation intermediaries which provide financial coverage for the financial responsibilities of a member ocean transportation intermediary, by mail or courier service at the ocean transportation intermediary's, or group's, address published in its tariff, a copy of each document served upon the Secretary, and shall attest to that service at the time service is made upon the Secretary. The QI program helps pay your Part B premiums. Filing of proof of financial responsibility. 41301-41302, 41305-41307(a)), or any penalty assessed pursuant to section 13 of the Shipping Act (46 U.S.C. and the number of branch offices indicated. 40902 and this part; and. 46 U.S.C. (q) Reduced forwarding fees means charges to a principal for forwarding services that are below the licensed ocean freight forwarder's usual charges for such services. Ocean Transportation Intermediary (OTI) Bond Form [Form 48], Ocean Transportation Intermediary (OTI) Insurance Form [Form 67], Ocean Transportation Intermediary (OTI) Guaranty Form [Form 68], Ocean Transportation Intermediary (OTI) Group Bond Form [FMC-69], Optional Rider for Additional NVOCC Financial Responsibility (Optional Rider to Form FMC-48) [FORM 48A], PART 515 - LICENSING, REGISTRATION, FINANCIAL RESPONSIBILITY REQUIREMENTS AND GENERAL DUTIES FOR OCEAN TRANSPORTATION INTERMEDIARIES, Subpart B - Eligibility and Procedure for Licensing and Registration. Sec. 260C.704 MN Statutes - Minnesota Track record and fund management expertise of the applicant and its parent company or major shareholders. assistance to the applicant including anyone who is providing collateral for a copy of the corporate minutes However, the bond shall not apply to shipments of used household goods and personal effects for the account of the Department of Defense or the account of federal civilian executive agencies shipping under the International Household Goods Program administered by the General Services Administration. Exception: A licensed freight forwarder may perform freight forwarding services for recognized relief agencies or charitable organizations, which are designated as such in the tariff of the common carrier, free of charge or at reduced fees. Location: FMC Natatorium Address: 275 Plaza Dr, Westmont, IL 60559 . University of Central Florida Instructional Technology - Glassdoor 40101-41309) (Shipping Act). No license will be issued until the Commission is in receipt of valid proof of financial responsibility. OTI experience obtained outside the US .) Responsibility Requirements. The Commission will update this list on a periodic basis. contact BCL any time during normal working hours (8:30 am - 5 pm, EST) by The Office of the Federal Register publishes documents on behalf of Federal agencies but does not have any authority over their programs. Whereas, (Principal) ____ operates as a group or association of OTIs in the waterborne foreign commerce of the United States and pursuant to section 19 of the Shipping Act of 1984 (46 U.S.C. The terms used in this part are defined as follows: (a) Act or Shipping Act means the Shipping Act of 1984, as amended. 40901-40904), and the rules and regulations of the Federal Maritime Commission relating to evidence of financial responsibility for OTIs (46 CFR part 515), this group bond shall be available to pay any judgment obtained or any settlement made pursuant to a claim under 46 CFR 515.23 for damages against such OTIs arising from OTI transportation-related activities under the Shipping Act, or order for reparations issued pursuant to section 11 of the Shipping Act (46 U.S.C. Jeannie Knudson. FMC Aquatic Senior Qualifying Meet. PDF Who Is a Qualifying Person Qualifying You To File as Head of Household? 11. Failure to follow the provisions of this part may result in denial, revocation or suspension of an ocean transportation intermediary license or registration. The Insurer must certify that it has sufficient and acceptable assets located in the United States to cover all damages arising from the transportation-related activities of the insured ocean transportation intermediary as specified under the Act. _/g6!k\gq}{71 AcN+--A*6UuPi]a?lB2rCAU+xd0Q;