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Obligee: Tennessee Auctioneer Commission Surety Bonds

Tennessee Public Automobile Auction Bond

Tennessee Public Automobile Auction Bond ($50,000) In the State of Tennessee a Surety Bond is required, by the Tennessee Motor Vehicle Commission for any person(s) engaging in the business of buying, auctioning, selling, offering, or displaying motor vehicles for sale. This Bond guarantees that the applicant (Principal) will faithfully perform their duties in accordance with the law and will save harmless the State of Tennessee for any losses incurred.