Form FMC-132B Passenger Vessel Surety Bond (46 Cfr Part 540)

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.

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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;

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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