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OA 447 Irrevocable Letter of Credit – Fillable PDF Form

  1. Language English
  2. Country USA
  3. Activity Vehicle Registration
  4. State Virginia
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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)

FAQ
  • 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.

HOW TO

How to fill out OA 447 for free, online in 4 easy steps:

  1. 1
    Click the Fill‑out Button
    Press the "Fill out this form" button on the page to launch the Formize PDF Filler.
  2. 2
    Wait for the Filler to Load
    The app loads in a few seconds; you’ll see a clean, field‑by‑field interface.
  3. 3
    Enter Your Information
    Complete each highlighted field with the carrier’s details, credit provider info, and the required credit amount.
  4. 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.
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ABOUT

Vehicle Registration Forms

OA 447 is one of DMV forms, also known as Department of Motor Vehicles forms, that are documents used in various transactions and processes related to motor vehicles. The DMV is a government agency responsible for driver licensing, vehicle registration, and enforcing motor vehicle laws. The specific DMV forms available can vary by jurisdiction, but here are some common examples:

Driver's License Forms: These forms are used to apply for a driver's license or to request changes or renewals. They typically require personal information, proof of identity, and may include sections for medical information or driving history.

Vehicle Registration Forms: These forms are used to register a motor vehicle with the DMV. They require vehicle information, ownership details, and proof of insurance.

Title Transfer Forms: When buying or selling a vehicle, these forms are used to transfer ownership from one party to another. They require information about the buyer, seller, vehicle details, and may include a bill of sale.

Vehicle Release of Liability Forms: When selling or transferring ownership of a vehicle, these forms notify the DMV that the seller is no longer responsible for the vehicle. It helps protect the seller from liability for accidents or incidents involving the vehicle after the sale.

License Plate and Registration Renewal Forms: These forms are used to renew vehicle registration or request new license plates. They typically require information about the registered owner, current registration details, and payment of applicable fees.

Driving Records Request Forms: These forms allow individuals to request their driving records from the DMV, which provide information about driving violations, license status, and other relevant details.

Specialty or Personalized License Plate Forms: These forms are used to apply for personalized or specialty license plates, which allow individuals to customize their license plate with specific characters or designs.

These are just a few examples of the many forms that may be available through the DMV. The specific forms and requirements can vary by jurisdiction, so it is important to consult the local DMV website or visit a DMV office to obtain the correct forms for your particular needs.

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