What Was Map 21 Designed to Do?

--Brokers Bond increases to $75,000  49 USC 13903 & 4 then  Sec 32918

--Insurance companies will probably no longer issue BMC 84 as they become “personally liable” for loss

--Group Bonds now available to spread the risk

 

--Broker required to have “training” or prove 3 years prior brokering experience to qualify for License     Sec 32916

--LoadTraining.com Certification process meets and exceeds any training requirements stated at this time  (except brokering of household goods)

 

--BROKERS have to reapply every 5 years for Bond and License Sec 32917

 

--PENALTIES for non-compliance. Sec 32918 (7) ; 32919, 14916

--NOT TO EXCEED $10,000 PER LOAD

 

Rumored ONE DING (FAILURE TO PAY) BROKER MAY REAPPLY AFTER 5 YEARS

BROKER PERSONALLY LIABLE FOR ALL DEBTS IF FAILED, RE INSTATEMENT IMPOSSIBLE WITHOUT PAYMENT OF PAST BROKERING DEBTS.

INDIVIDUAL BROKERS and their families scrutinized to eliminate churners

A MOTOR CARRIER brokering without License , subject to reduction in rating

Other Bonds Available