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This version of the form is not currently in use and is provided for reference only. Download this version of
Form BMC-85
for the current year.
Form BMC-85 Broker's or Freight Forwarder's Trust Fund Agreement Under 49 U.s.c. 13906 or Notice of Cancellation of the Agreement
What Is Form BMC-85?
This is a legal form that was released by the U.S. Department of Transportation - Federal Motor Carrier Safety Administration on December 31, 2020 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 BMC-85?A: Form BMC-85 is a Trust Fund Agreement for Brokers or Freight Forwarders required by 49 U.S.C. 13906.
Q: What is the purpose of Form BMC-85?A: The purpose of Form BMC-85 is to establish a trust fund to protect the payments that brokers or freight forwarders receive from shippers and carriers.
Q: Who needs to file Form BMC-85?A: Brokers or freight forwarders engaged in interstate commerce who are required by law to establish and maintain a trust fund must file Form BMC-85.
Q: What is the trust fund used for?A: The trust fund is used to safeguard the payments received by brokers or freight forwarders and ensure that they are available to satisfy any valid claims or obligations.
Q: What happens if the trust fund agreement is cancelled?A: If the trust fund agreement is cancelled, the broker or freight forwarder must file a Notice of Cancellation of the Agreement.
Form Details:
- Released on December 31, 2020;
- The latest available edition released by the U.S. Department of Transportation - Federal Motor Carrier Safety Administration;
- 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 fillable version of Form BMC-85 by clicking the link below or browse more documents and templates provided by the U.S. Department of Transportation - Federal Motor Carrier Safety Administration.
Download Form BMC-85 Broker's or Freight Forwarder's Trust Fund Agreement Under 49 U.s.c. 13906 or Notice of Cancellation of the Agreement
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