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Arkansas Motor Vehicle Dealer Bond

Who needs an Arkansas Motor Vehicle Dealer Bond?

All licensed motor vehicle dealers are required to maintain an Arkansas Motor Vehicle Dealer Bond by the State of Arkansas Motor Vehicle Commission. The bond is required as part of your dealer license application. This requirement applies to new motor vehicle dealers, new and used dealers, used vehicle dealers, wholesalers, auto auctions, motorcycle and ATV dealers.

Why is the Arkansas Motor Vehicle Dealer Bond required?

The Arkansas Motor Vehicle Dealer Bond helps ensure that dealers conduct business ethically and lawfully.

How do I know this is the required bond for my business?

You may have heard this bond referred to as an Arkansas Motor Vehicle Dealer License Surety Bond, Arkansas DMV Bond, Dealer Bond, Dealer License Bond, Car Dealer Bond or Auto Dealer Bond. While people use many names, they refer to the same bond. If you are a motor vehicle dealer in the State of Arkansas, this bond is required to obtain your license. Bond requirements will vary depending on what type of motor vehicle business you operate. Our online order process automatically applies the correct forms and requirements based on the information you provide.

General Questions
What is a surety bond? 
What is a surety bond?

A surety bond is a three-party agreement among a principal, an obligee, and a surety.

The bond formalizes the principal's obligation to the obligee. The surety guarantees that the principal will fulfill their obligation.