Common use of License Reinstatement Clause in Contracts

License Reinstatement. The Division may reinstate a revoked IFTA license once the motor carrier files all required returns and remits all outstanding liabilities due to all member jurisdictions. The Division may require the motor carrier to post a bond in an amount sufficient to satisfy any potential liabilities of all member jurisdictions as a condition to reinstating an IFTA license. (R430) All member jurisdictions will be notified by the Division of any IFTA license revocation or reinstatement.

Appears in 3 contracts

Samples: Tax Agreement, www.ncdor.gov, files.nc.gov

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License Reinstatement. The Division may reinstate a revoked IFTA license once the motor carrier files all required returns and remits all outstanding liabilities due to all member jurisdictions. The Division may require the motor carrier to post a bond in an amount sufficient to satisfy any potential liabilities of all member jurisdictions as a condition to reinstating an IFTA license. (R430) All member jurisdictions will be notified by the Division of any IFTA license revocation or reinstatement.)

Appears in 1 contract

Samples: files.nc.gov

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