Bond Of Designated Agent - Non-Dealer Page 2
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2Bond Form Instructions
The surety company must complete all bonds on the form prescribed by the Alabama Department of Revenue.
Completion of the Bond:
The bond must include the true legal name of the party for whom the bond is being sought, as follows:
• If an individual ownership, the applicant’s name as well as the business name; Example: John Doe, DBA ABC
Auto Sales
• If a partnership, the names of all partners and the name of the partnership; Example: John Doe & Jane Doe, DBA
ABC Auto Sales
• If a limited liability company, the true legal name of the company; Example: ABC Auto Sales, LLC
• If a corporation, the complete corporate name; Example: ABC Auto Sales, Inc.
The bond must also reflect the following:
• The city, county and state in which the business is located;
• The name of the surety company providing the coverage;
• The date the bond was executed (postdated bonds are not acceptable);
Signature Requirements:
All signatures must be originals.
The bond must include the signatures of the following:
• The signature of the surety company agent;
• The signature of the applicant (individual owner), all partners, all LLC members, or a corporate officer. If anyone
other than the executive officer, managing partner or managing member is signing on behalf of a company, the
bond must be accompanied by a resolution from the company’s board of directors, managing partner or managing
member authorizing the signature on behalf of the company.
Type the name of the person(s) signing the form.
Power of Attorney Requirements:
An original power of attorney form indicating that the agent is authorized to execute the bond on behalf of the surety
company must accompany the bond.
The power of attorney must have the same date as that on the bond.
All required documents must be mailed to:
Alabama Department of Revenue
Motor vehicle Division
P.O. Box 327643
Montgomery, AL 36132-7643
dealerlicense@revenue.alabama.gov
Any bond or power of attorney received separately will be returned to sender.
The bond form may not be duplicated. The bond form must be an original. White-outs or alterations are not acceptable.
No facsimiles, photocopies, letters or phone calls are acceptable substitutes for the original bond.
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