Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 49 - Transportation |
Subtitle B - Other Regulations Relating to Transportation |
Chapter III - Federal Motor Carrier Safety Administration, Department of Transportation |
SubChapter B - Federal Motor Carrier Safety Regulations |
Part 387 - Minimum Levels of Financial Responsibility for Motor Carriers |
Subpart D - Surety Bonds and Policies of Insurance for Freight Forwarders |
§ 387.405 - Limits of liability.
Latest version.
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§ 387.405 Limits of liability.
The minimum amounts for cargo and public liability security are identical to those prescribed for motor carriers at 49 CFR 387.303. The minimum amount for the surety bond or trust fund is identical to that prescribed for brokers at 49 CFR 387.307.
[78 FR 60233, Oct. 1, 2013]