Form BMV 3146. Application for Certificate Deposit $30,000.00 in Money or Government Bonds

Form BMV 3146 is used to apply for a certificate of deposit with a value of $30,000.00 in money or government bonds in Ohio. The main purpose of this form is to provide an alternative means of proving financial responsibility for vehicle owners or drivers.

The form typically consists of sections where the applicant must provide personal information, details about the certificate of deposit, and the issuing institution's information. The form may also include a statement where the applicant affirms the accuracy of the information provided.

Key fields in this form include the applicant's personal information, the details of the certificate of deposit, and the issuing institution's information. Accurate completion of these fields is crucial to ensure that the certificate of deposit meets the required value and is properly verified.

An example scenario for using Form BMV 3146 would be when a vehicle owner chooses to use a certificate of deposit as an alternative means of demonstrating financial responsibility. The owner would complete this form, providing the necessary certificate of deposit details and submit it to the Ohio Bureau of Motor Vehicles (BMV) as part of the compliance process.

When filling out the form, the applicant should ensure that all personal information and certificate of deposit details are accurate and match the official documents from the issuing institution. The certificate should have a minimum value of $30,000.00 to meet the state's financial responsibility requirements.

No additional documents are generally required to complete this form. However, the BMV may request additional documentation or verification if necessary to validate the certificate of deposit and its value.

Related forms or alternatives may include similar certificate of deposit application forms used by other state agencies or institutions for accepting financial assurances from individuals or businesses as an alternative to traditional insurance coverage.