Bond of Motor Vehicle Dealer, Special Equipment Dealer, Crusher or Body Shop
Any person or entity applying for a license as a motor vehicle dealer, special equipment dealer, crusher, or body shop in the state of Utah. Required when: Required as a condition of obtaining and maintaining a motor vehicle business license. Exemptions: A bond is not required for a new motor vehicle dealer or used mo…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: $75,000. Other available requirements: "$75,000 for new or used motor vehicle dealers, special equipment dealers, or large trailer dealers; $20,000 for body shops; $10,000 for motorcycle, off-highway vehicle, or small trailer dealers; $10,000 for crushers.". Exact options still depend on the obligee, state, and underwriting.
