Arkansas Recreational Vehicle Dealer Bond

Published: Jun 11, 2013
Arkansas Senate Bill 934

This new legislation requires new recreational vehicle dealers to be both licensed and post a surety bond.  Dealers are recreational vehicles are required to post a $50,000 bond, and must have an additional $25,000 surety bond for each of the dealership’s branch licenses.

The Arkansas Recreational Vehicle Dealer Bond is required to indemnify any person damaged by a bonded dealer, which may result from some sort of violation of their dealer license with the state.

Furthermore, the bill states that the aggregate liability of the respective surety company for all claimants will not exceed the penal sum of the bond itself.

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Robin Kix

Robin Kix is currently the Renewal Department Manager. Since joining Lance Surety in 2014, she has helped thousands of businesses throughout the nation remain compliant at the federal, state and local level. She has significant experience supporting commercial bond lines, particularly in the automobile, transportation and construction industries. Robin and her team work together to create a positive customer service experience at the time of every policy renewal, whether that be finding the best pricing or offering additional assistance.

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