Louisiana Statute mandates that state-used auto dealers must obtain a motor vehicle license. The UMVC is required to issue motor vehicle dealer licenses to used auto dealers operating in Louisiana. This license and its regulations aim to ensure that dealers conduct ethical business practices and pay required taxes and fees. To guarantee financial security for license enforcement, dealers must post a $50,000 surety bond before receiving their license.  Please also see Louisiana Used Motor Vehicle Dealer Bond ($50,000) Odd Years Bond.