dot/mc operating authority

Discussion in 'Ask An Owner Operator' started by Trapboi, Apr 14, 2021.

  1. clausland

    clausland Road Train Member

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    Generally speaking, with an LLC, the truck is titled & registered in the LLC name, along with the commercial insurance policy also in the LLC name, then all filed with the FMCSA under the LLC name to obtain your authority.

    Not seeing what all you got going on, it sounds like the problem is with two different names with the FMSCA. They want everything in one name, exactly written, including address. It all has to match.

    As @God prefers Diesels suggested, you could do a "lease" to your LLC. Another solution would be to file a DBA, while maintaining your personal name on the vehicles, insurance policy, and your authority application. Another solution could be to apply for a new vehicle title in the LLC name. As far as "refinancing" goes, not sure how that plays into it. In a nutshell, all the names gotta match up or it's rejected.

     
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  3. clausland

    clausland Road Train Member

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    In a nutshell, no. You must submit & maintain the minimum level of liability insurance for a MC# to be issued and remain authorized; however, once authorized it can be voluntarily suspended and then re-activated at a later date. There's not much merit in doing that though, as when you re-activate ($80 fee) it's treated like a "new" authority.
     
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  4. God prefers Diesels

    God prefers Diesels Road Train Member

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    I wouldn't do that. The only reason I had to, was because I bought the truck personally before I formed the LLC. (not that I would have known better at the time anyway)

    As far as more information, contact OOIDA. They'll email you a copy of the lease agreement, and you fill it out and put in your truck. If you go this route, IRP will want a copy of it with your application for apportioned plates.

    Listen to @clausland . It will save you headache later.
     
  5. Boundtransport

    Boundtransport Light Load Member

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    Just liability right? In till you actually start moving freight will you need to activate cargo insurance? Meaning I could activate my authority with just liability and not cargo as well correct?
     
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