We are able to write all types of motor vehicle dealer bonds in all 50 states, to include the Lone Star State, Texas.
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$25,000 - New & Used Motor Vehicle Dealer Bond
A motor vehicle dealer, wholesale motor vehicle dealer, wholesale motor vehicle auction, mobility vehicle dealer or motorcycle dealer who is not licensed as a franchised dealer by MVD must submit an original $25,000 bond. The bond should be valid for two years and must be on forms exactly matching the approved samples in this package. The term of your bond must begin on the first day and end on the LAST day of the month. A bond must be signed by the dealer or the dealer's authorized representative. It must also be signed by the bonding company or the bonding agent. Make sure all required ignatures are on the bond. This is the most common deficiency on new applications.Texas Department of Transportation Motor Vehicle Division PO Box 13044 Austin, TX 78711-3044
http://www.dot.state.tx.us Phone: 877-366-8887
NOTE: The above information was obtained from the Texas Department of Transportation in Nov 2010. Dealers should check with the State for any updated information/requirements prior to applying for a license or bond. It is the applicants' responsibility to ensure compliance with state requirements.