What is the purpose of Form OA 447?

Form OA 447 provides an irrevocable letter of credit as a financial guarantee for motor carriers that choose credit instead of a surety bond.

Who must file OA 447?

Any for‑hire motor carrier operating in Virginia that opts for a letter of credit rather than the standard $25,000 bond must file OA 447.

Can I submit OA 447 electronically?

Yes. After completing the fillable PDF with Formize, you can upload the file through the Virginia DMV Motor Carrier Services portal.

How long is the letter of credit valid?

The credit remains valid for the duration of the carrier’s operating authority, but it must be renewed or replaced if the authority is renewed.

What happens if the credit amount is lower than required?

The DMV will reject the submission. Ensure the credit amount meets or exceeds the minimum required for your specific operation type.

Do I need a notary for OA 447?

A notary is not required if you use an electronic signature through Formize, but a physical signature must be notarized if you submit a printed copy.

OA 447 Irrevocable Letter of Credit – Fillable PDF Form

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OA 447 Irrevocable Letter of Credit – Fillable PDF Form

The OA 447 is the Irrevocable Letter of Credit required by the Virginia Department of Motor Vehicles (DMV) for certain for‑hire motor carrier operations. It serves as a financial guarantee in place of a surety bond, allowing carriers to obtain operating authority for contract passenger services.

What Is the OA 447 Form?

Form OA 447 is issued by the Virginia DMV and must be completed by any motor carrier that needs a letter of credit instead of a $25,000 surety bond. The form includes details about the carrier, the credit provider, and the amount of credit being pledged.

How to Complete OA 447 Online

Instead of printing and hand‑filling the PDF, you can fill it out instantly with Formize’s PDF Filler:

Click the "Fill out this form" button on this page.
Wait a few seconds while the Formize PDF Filler app loads.
Enter the required information in each field – the interface guides you through every section.
Save the completed form to your device or submit it directly to the Virginia DMV portal if you have an account.

Common Mistakes to Avoid

Leaving fields blank: Every field marked with an asterisk (*) is mandatory.
Incorrect credit amount: The letter‑of‑credit amount must match the DMV’s minimum requirement for your operation type.
Mismatched names: Ensure the carrier name on OA 447 matches exactly the name on your registration documents.
Out‑of‑date signatures: Use a current, legible signature; electronic signatures are accepted when using Formize.

Where to Submit the Completed Form

After saving the filled PDF, submit it through one of the following methods:

Upload via the Virginia DMV Motor Carrier Services portal.
Mail to: Virginia Department of Motor Vehicles, Motor Carrier Services, 2020 West Broad St., Richmond, VA 23220.
Hand‑deliver to any DMV Motor Carrier Services office.

Download the Fillable PDF

If you prefer to work offline, you can download the official OA 447 PDF below and open it with any PDF editor.

Download OA 447 – Irrevocable Letter of Credit (PDF)

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What is the purpose of Form OA 447?
Form OA 447 provides an irrevocable letter of credit as a financial guarantee for motor carriers that choose credit instead of a surety bond.
Who must file OA 447?
Any for‑hire motor carrier operating in Virginia that opts for a letter of credit rather than the standard $25,000 bond must file OA 447.
Can I submit OA 447 electronically?
Yes. After completing the fillable PDF with Formize, you can upload the file through the Virginia DMV Motor Carrier Services portal.
How long is the letter of credit valid?
The credit remains valid for the duration of the carrier’s operating authority, but it must be renewed or replaced if the authority is renewed.
What happens if the credit amount is lower than required?
The DMV will reject the submission. Ensure the credit amount meets or exceeds the minimum required for your specific operation type.
Do I need a notary for OA 447?
A notary is not required if you use an electronic signature through Formize, but a physical signature must be notarized if you submit a printed copy.

CÓMO

Cómo completar OA 447 gratis, en línea en 4 sencillos pasos:

1
Click the Fill‑out Button
Press the "Fill out this form" button on the page to launch the Formize PDF Filler.
2
Wait for the Filler to Load
The app loads in a few seconds; you’ll see a clean, field‑by‑field interface.
3
Enter Your Information
Complete each highlighted field with the carrier’s details, credit provider info, and the required credit amount.
4
Save or Submit
When finished, click "Save" to download the completed PDF or use the built‑in submit option to send it directly to the Virginia DMV portal.

SOBRE

Formularios de registro de vehículos

Si posee o alquila un vehículo de motor, remolque o bote, debe cumplir con ciertas obligaciones para mantener su vehículo legalmente registrado y seguro.

OA 447 es uno de los formularios de registro de vehículos que son documentos que se utilizan para registrar un vehículo de motor con la autoridad estatal o provincial correspondiente. Estos formularios generalmente se requieren cuando una persona compra un vehículo nuevo o usado o cuando se muda a un nuevo estado o provincia con un vehículo.

Los requisitos y formularios exactos necesarios para el registro del vehículo pueden variar según la ubicación, pero, en general, el proceso implica proporcionar información sobre el vehículo, el propietario y cualquier gravamen sobre el vehículo.

Una vez presentados los formularios de registro y las tarifas, la autoridad estatal o provincial emitirá un certificado de registro o placa al propietario del vehículo. Este registro permite que el vehículo sea operado legalmente en vías y carreteras públicas.

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