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WHEREAS, the above-named Principal is applying for a license as a motor vehicle dealer, AND WHEREAS, said Principal is required by law (Tex. Transp. Code §503.033) to submit a properly executed surety bond, conditioned as set forth below, with said application for license,
Affidavit for License Plate Destruction (MCD-370) MCD-370. Affidavit of Heirship for a Motor Vehicle (VTR-262) VTR-262. Affidavit of Motor Vehicle Gift Transfer (Texas Comptroller of Public Accounts Form) 14-317. Annual Purchaser’s Certification of Export-Only Sale (VTR-901-A) VTR-901-A. Annual Ready-Mixed Concrete Permit Application (MCD-1755)
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.
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.
What is a Texas motor vehicle dealer bond? Texas Transportation Code: Sec. 503.004 requires individuals file a 2-year $50,000 surety bond as part of the dealership license application process. Dealership owners must file a separate Texas motor vehicle dealer bond and business license for each county in which they operate.
Address 800 Berin Dr. Ste 310, Houston, TX 77057 Phone (713) 622-1494 A enc Fax recommendation A enc Email ins Texas Motor Vehicle Dealer Bond Application Effective Date City Phone C]Partnership DCorporation Corp State Fax Zip Name (as it is to appear on the bond) Address of Tax Olndividual T pe of Business Date business started
Texas Motor Vehicle Dealer Bond Application ... (Print Name) To reach the SureTec branch closest to you, Call 800-787-3896 Bond App form TX MVD.doc Important Signature Instructions • If sole owner, applicant must sign as duly authorized representative. Spouse must sign as additional indemnitor below.
