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Mississippi Motor Vehicle Dealer Bond

Motor Vehicle Dealer Bond
Auto Dealer Bonds
Price: $180
Buy Your Surety Bond Online
Mississippi Motor Vehicle Dealer Bond
The process of applying for a Mississippi Motor Vehicle Dealer Bond Surety Bond is a quick and straightforward process, typically taking only about five minutes from start to finish.

  • As an agent of a motor vehicle dealer, you must maintain a separate surety bond for your designee capacity.

To purchase your Mississippi Motor Vehicle Dealer Bond simply click on the "Buy Now" button. You will then be guided through a brief set of questions. After which you'll pay online and sign using DocuSign. Your new surety bond will be signed and sealed as a full-color PDF document for printing.

Securing a Mississippi Motor Vehicle Dealer Bond surety bond is a commitment by principals to adhere to the stipulations of contractual and legal obligations.

Note: If the bond requires underwriting, it may take up to 24 hours.
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Motor Vehicle Dealer Bond

The State of Mississippi
Motor Vehicle Dealer Bond

Surety Bond Details

State: Mississippi
Category: Motor Vehicle Dealer ...
Class: Auto Dealer Bonds
Obligee: Mississippi Departmen...
Amount: $15,000

Cost: $180

The State of Mississippi
Motor Vehicle Dealer Bond
State:
Mississippi
Category:
Auto Dealer Bonds
Obligee:
Mississippi Department of Revenue
Amount:
$15,000
Duration:
Expiration:
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SORPid: C-631

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Mississippi Motor Vehicle Dealer Bond Details

Per Section 6 of Mississippi Senate Bill 1688, Laws of 1968, all duties related to complying with state laws (i.e., registering cars or constructing homes) are borne by the Mississippi agent bond's principal (motor vehicle or manufactured home dealer). If the bond principal does not comply with state-mandated vehicle industry laws or violates their bond agreement, the surety will pay for any damages up to the bond amount. In turn, the principal must compensate the surety for any damages paid out.

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