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(Revised 7/21) SAMPLE MOTOR VEHICLE DEALER’S SURETY BOND Bond # KNOW ALL BY THESE PRESENTS, THAT . Name __ Address(es) _ ... by the Suretyshall be immediately reported to the Texas Department of Motor Vehicles, Motor Vehicle Division, P.O. Box 26487, Austin, Texas 78755. ... this form is prescribed but not furnished by the Texas Department of ...
The purpose of this manual is to provide prospective and current motor vehicle industry licensees as well as other stakeholders with an easy-to-use overview of Texas motor vehicle dealer licensing and operating laws.
What is a Texas Motor Vehicle Dealer Bond? Know the steps in acquiring this surety bond! The Texas Transportation Code requires you to secure a surety bond if you are selling, buying, and exchanging more than five different vehicles per year.
The Texas DMV requires auto dealers be bonded. Apply for your Texas Motor Vehicle Dealer Bond online 24/7. 2-year premiums start at $375, delivered by email.
Purchase Texas Motor Vehicle Dealer Bonds online instantly. Learn more about these required bonds, including what they cost and guarantee.
If you’ve encountered an issue with a car purchase in Texas and suspect a dealer of fraud or misconduct, you have the right to compensation. This guide will walk you through the steps to make a claim against a car dealer bond in Texas. Step 1: Identify the Bond
Auto dealer bonds are essential for Texas car dealerships, ensuring compliance with state regulations and protecting against financial losses. An auto dealer bond is a type of surety bond required by the Texas DMV, guaranteeing that dealers adhere to laws and ethical practices.
