2012 surety bond new motor vehicle dealer - Arkansas Motor-2025

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The document is a surety bond for new motor vehicle dealers in Arkansas, binding the principal/licensee and the surety company to indemnify the state and any aggrieved parties for losses due to violations of licensing laws. It outlines the conditions under which the bond remains in effect, the liability limits, and cancellation procedures.
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  1. Click ‘Get Form’ to open the 2012 surety bond new motor vehicle dealer form in the editor.
  2. Begin by entering the Bond Number at the top of the form. This is essential for tracking and identification purposes.
  3. Fill in your incorporated name or firm name, along with your DBA (Doing Business As) name. Ensure accuracy as this identifies your business.
  4. Provide your physical address, including street address, city, and county. This information is crucial for legal documentation.
  5. Next, enter the name of the Surety or Insurance Company that will back your bond. Confirm that they are authorized in Arkansas.
  6. Review the conditions of obligation carefully. Make sure you understand your responsibilities as a principal/licensee under Arkansas law.
  7. Finally, sign and date the document where indicated. Ensure that all signatures are original to validate the bond.

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An Arkansas bonded title is simply a vehicle title backed by a surety bond. It allows you to legally register a vehicle when the original title is invalid, unavailable or can not be transferred.
Online Resources for Surety Bond Lookup For those seeking online tools to simplify the surety bond lookup process, here are some valuable resources: SuretyBonds.com: A comprehensive platform for all things surety bonds.
Online Resources for Surety Bond Lookup SuretyBonds.com: A comprehensive platform for all things surety bonds. SFAA Bond Authenticity Inquiry Form: Offered by The Surety Fidelity Association of America, this form allows you to inquire about the authenticity of a bond directly.
Surety Bond Cost Table Surety Bond AmountYearly Premium Excellent Credit (675 and above)Bad Credit (599 and below) $35,000 Surety Bond $350 - $1,050 $1,750 - $3,500 $40,000 Surety Bond $400 - $1,200 $2,000 - $4,000 $50,000 Surety Bond $500 - $1,500 $2,500 - $5,0009 more rows
Owners and obligees should contact Merchants Bonding Company directly to verify that a surety bond has been duly authorized and issued.

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People also ask

How Much Does a Surety Bond Cost in Arkansas? The cost for surety bonds in Arkansas often ranges between 1% and 10% of the bond amount. Many low-risk bonds cost a standard premium, while higher-risk bonds typically require underwriting to determine the exact cost.
General information about the bond will be public record, because it is filed with the court in which the case is pending. For example, what company posted the bond and the bond amount.
How Can You Lookup a Public Official Bond by Name? Looking up a public official bond by name involves contacting the relevant government agency or the surety company that issued the bond. In many cases, public official bonds are matters of public record.

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BID BONDS AND PERFORMANCE BONDS: If required, a Bid Bond in the form of a cashiers check, certified check, or surety bond issued by a surety company, in an

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Division 05 - Division of Revenues | State Regulations | US Law

Rule 006.05.98-007 - Amendment to Gross Receipts Tax Regulation GR-13 - Special Rules for New and Used Motor Vehicle, Trailer and Semi-Trailer Dealers.

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ASBURY AUTOMOTIVE GROUP, INC.

Feb 19, 2016 Our new vehicle revenues include new vehicle sales and lease transactions arranged by our dealerships with third-party financial institutions.

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