Rhode Island Auto Dealer Surety Bond:
MVD Bond, DMV Bond, Motor Vehicle Bond, Dealer Bond, Auto Dealer Bond, RV Dealer Bond, Used Car Dealer Bond, Motorcycle Dealer Bond
There are many different names for this Surety Bond some common names are Auto dealer bond and used car dealer bond they are all MVD bonds just different terminology
Rhode Island auto dealer bond (also called the motor vehicle dealer bond, the DMV bond, and the used car dealer bond) guarantees compliance with:
The bond also protects the consumer against fraud or other wrongful actions on behalf of the dealership and its employee(s).
In Rhode Island a DMV Bond is required to expire the last day of the month, and the bond must be for a three year term.
The MVD Bond does not protect you or your business; it protects the consumer or state from fraud, misrepresentation or any other state statue referenced in the MVD Bond form.
We have helped hundreds of business owners across the country understand bonding requirements.the country understand bonding requirements.
Need help call us: Tel. 1-800-462-2604
Signing Instructions: If you are a corporation, the majority stockholder, President, the Corporate Secretary, treasury signs as Applicant for the corporation. Then two of them sign again (with their spouses) as Individual Indemnitors.
If you are a Sole Proprietor sign as Applicant then sign again (with spouse) as Individual Indemnitors. Click HERE for Bond Application.
PREMIUMS & BOND TERM
Please call for pricing. Premiums of some bonds depend on credit history