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Form SBTS-607 North Carolina

  1. Language English
  2. Country USA
  3. Activity Driver's License
  4. State North Carolina
Form SBTS-607 North Carolina

Training School Certificate of Deposit

This Memorandum of Understanding outlines an agreement between the North Carolina Division of Motor Vehicles (DMV) and a company, whereby the company agrees to deposit a Certificate of Deposit (CD) with DMV in the amount of $20,000. The CD is required for renewal or obtaining of a commercial driver training school license from DMV. The CD must be approved by the Commissioner of Motor Vehicles and remains payable to DMV. It may be cashed by DMV to indemnify any person harmed by fraudulent activities by the company, its owners, or instructors within the scope of their employment. The CD remains in effect from license year to license year and must remain on deposit with DMV upon revocation, suspension, or withdrawal of a license.

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ABOUT

Driving License Application Forms

In most countries, it's mandatory to have a driving license before you can hit the road. Getting a driving license is an important milestone for anyone who wants to drive a car.

Form SBTS-607 is one of Driving License Application forms that are documents used to gather information from people who want to apply for a driving license. It usually contains fields for the applicant's name, date of birth, ID number, contact information, as well as their driver's license history and experience.

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