Process Agents And Filing A BOC-3 Form – All You Need to Know

Process Agents And Filing A BOC-3 Form – All You Need to Know

The FMCSA (Federal Motor Carrier Safety Administration) necessitates all interstate couriers or logistics companies to appoint a process agent in each state w here they operate in to complete A BOC-3 form. Motor carriers or trucking agencies typically use a process agent to file this for them. The BOC-3 form must be file with FMCSA prior to you obtaining authority to operate.

What Does a Process Agent Do?

A process agent is the representative for companies to whom court notices may be served in the event of any proceeding brought against a broker, motor carrier, or freight forwarder. The process agent completes and files a BOC-3 for every state where the company is operating, to the FMCSA to obtain authorization to operate.

What is a BOC-3 form?

BOC refers to blanket of coverage which designates an agency or person to accept legal documentation on behalf of yourself. You are necessitated to appoint a designated agency or person for every state in which you operate prior to federal operating authorities will be granted. The BOC-3 filing in the US that designates legal representatives upon which process might be served. It applies mostly to companies or individuals in the logistics or transportation industries and is often needed before special operating authorities are approved within the US. BOC process agents receive and submit legal documentation on behalf of the company. If you need the assistance of an SOP agent, visit https://www.royaltyspeed.com/services/process-agents/. All motor brokers/carriers and freight companies must have a BOC-3 document on file with the Federal Motor Carrier Safety Administration to get authority approved. BOC-3 forms are also necessitated for reinstating an MC or FF number that was previously revoked.

Additional Services

As a truck driver, you can broaden your options by obtaining an interstate trucking authority, which is a business license that permits you to travel across US state lines. It is up to you to select which clients you want to serve (businesses or consumers) and the type of cargo you are going to transport. The BOC-3 form is granting permission to an SOP agent to receive court notices or other legal documentation filed against your company.

What Is The Difference Between A Special Agency, Registered Agent, And Process Agent?

Process Agent – With cross-border loans, lenders often necessitate appointing a US-based process agent to accept SOP on behalf of the foreign borrower. By naming a process agent, it provides the lender with self-assurance that, in case of default, service on the foreign debtor can be finalized in the US.

Registered Agent – in the majority of jurisdictions, an agency that is qualifying or forming to do business must designate a registered agent to receive SOP for the company in the jurisdiction. It serves as the legal address where a person is physically available during trading hours to accept legal notices and documentation from the state. By not having a registered agent you can face penalties or revocation of your company’s authority to operate in a given jurisdiction.

Special Agency – A special agency is where a unit of government necessitates an SOP representive as part of their own registration. In such cases, an out-of-state agency that is registering with Department of transportation, attorney’s general’s office, department of insurance, or any other similar government agency, will often be contacted to designate an agent for SOP resigning in the jurisdiction. This appointment is distinct and separate from the registered agent for the secretary of state.