Form FMC-132A Passenger Vessel Surety Bond

Form FMC-132A
FEDERAL MARITIME COMMISSION
Surety Co. Bond No.
FMC Certificate No.
Passenger Vessel Surety Bond
(46 CFR Part 540)
Know all men by these presents, that we
(Name of applicant),
of
(City),
(State and country), as Principal
(hereinafter called Principal), and
(Name of surety), a company created and
existing under the laws of
(State and country) and authorized to do business in
the United States as Surety (hereinafter called Surety) are held and firmly bound unto the United
, for which payment, well and truly to be made, we
States of America in the penal sum of
bind ourselves and our heirs, executors, administrators, successors, and assigns, jointly and
severally, firmly by these presents.
Whereas the Principal intends to become a holder of a Certificate (Performance) pursuant
to the provisions of Subpart A of Part 540 of Title 46, Code of Federal Regulations and has
elected to file with the Federal Maritime Commission such a bond to insure financial responsibility
and the supplying transportation and other services subject to Subpart A of Part 540 of Title 46,
Code of Federal Regulations, in accordance with the ticket contract between the Principal and the
passenger, and
Whereas this bond is written to assure compliance by the Principal as an authorized holder
of a Certificate (Performance) pursuant to Subpart A of Part 540 of Title 46, Code of Federal
Regulations, and shall inure to the benefit of any and all passengers to whom the Principal may be
held legally liable for any of the damages herein described.
Now, therefore, the condition of this obligation is such that if the Principal shall pay or
cause to be paid to passengers any sum or sums for which the Principal may be held legally liable
by reason of the Principal's failure faithfully to provide such transportation and other
accommodations and services in accordance with the ticket contract made by the Principal and the
passenger while this bond is in effect for the supplying of transportation and other services
pursuant to and in accordance with the provisions of Subpart A of Part 540 of Title 46, Code of
Federal Regulations, then this obligation shall be void, otherwise, to remain in full force and
effect.
The liability of the Surety with respect to any passenger shall not exceed the passage price
paid by or on behalf of such passenger.
The liability of the Surety shall not be discharged by any payment or succession of
payments hereunder, unless and until such payment or payments shall amount in the aggregate to

the penalty of the bond, but in no event shall the Surety's obligation hereunder exceed the amount
of said penalty. The Surety agrees to furnish written notice to the Federal Maritime Commission
forthwith of all suits filed, judgments rendered, and payments made by said Surety under this
bond.
This bond is effective the
day of
, 19 , 12:01 a.m., standard time at the
address of the Principal as stated herein and shall continue in force until terminated as hereinafter
provided. The Principal or the Surety may at any time terminate this bond by written notice sent
by certified mail to the other and to the Federal Maritime Commission at its office in Washington,
D.C., such termination to become effective thirty (30) days after actual receipt of said notice by
the Commission, except that no such termination shall become effective while a voyage is in
progress. The Surety shall not be liable hereunder for any refunds due under ticket contracts made
by the Principal for the supplying of transportation and other services after the termination of this
bond as herein provided, but such termination shall not affect the liability of the Surety hereunder
for refunds arising from ticket contracts made by the Principal for the supplying of transportation
and other services prior to the date such termination becomes effective.
In witness whereof, the said Principal and Surety have executed this instrument on
day of
, 19
.
PRINCIPAL
Name
By
(Signature and title)
Witness

SURETY
[SEAL]Name
By
(Signature and title)
Witness

Only corporations or associations of individual insurers may qualify to act as surety, and
they must establish to the satisfaction of the Federal Maritime Commission legal authority to
assume the obligations of surety and financial ability to discharge them.