Maine Bureau of Motor Vehicles Auto Dealer Bond

The Maine Bureau of Motor Vehicles has changed the bond amounts required for
Motor Vehicle Dealer bonds: Motor Vehicle Dealer Bonds are required for all
dealers except for light trailer dealers and light boat trailer dealers. Bond amount is
established by the number of vehicles sold by the dealership:

Annual sales 0 to 50 vehicles will now require a $25,000 bond.

Annual sales 51 to 100 vehicles will now require a $50,000 bond.

Annual sales 101 to 150 vehicles will now require a $75,000 bond.

Annual sales 151 to 200 vehicles will now require a $100,000 bond.

Annual sales 201 vehicles and over will now require a $100,000 maximum bond.

What are Surety Bonds?

A Surety Bond is a written agreement that usually provides for financial compensation in case the principal fails in their duties or promises. A Surety bond is a specialized type of insurance that is created whenever one party guarantees an obligation by another party.

Bruised or Bad Credit?

Bruised Credit or Bad Credit Surety Bonds -- Our Poor Credit Surety Bond Program can help you get the bond you need even if your credit is less than perfect.

Lottery Bonds – Georgia Lottery Corporation

In order to become a Georgia Lottery Retailer Agent the lottery has an application process that involves background history of the location requested on the application, if multiple locations exist those will have to be researched also and submitted per application.