Form Lic: 539-4a - Bond Of Used Motor Vehicle Dealer, Motor Vehicle Reconditioner, Rebuilder, Or Wholesaler
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LIC: 539-4A
Rev. 7/08
LABAMA
EPARTMENT OF
EVENUE
Bond Number
S
, U
& B
T
D
ALES
SE
USINESS
AX
IVISION
Reset
______________________
Bond of Used Motor Vehicle Dealer,
Motor Vehicle Reconditioner, Rebuilder, or Wholesaler
KNOW ALL MEN BY THESE PRESENTS, that we _____________________________________________________________________________
__________________________________________________________________________________________________________________________
City__________________________________________ , County___________________________________ , State__________________________ ,
As Principal (hereinafter called Principal), and ________________________________________________________________________________
NAME OF SURETY
________________________ of ____________________________________________________________________________________________ , as
Surety (hereafter call Surety), are held and firmly bound unto the State of Alabama in the sum of Ten Thousand Dollars ($10,000.00), for
the payment of which, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly
and severally, firmly by these presents.
The conditions of the foregoing obligation are such that:
WHEREAS, the Principal has been duly appointed a “Used Motor Vehicle Dealer,” “Motor Vehicle Reconditioner,” “Motor Vehicle
Rebuilder,” or “Motor Vehicle Wholesaler” as the case may be, under the provisions of Title 40, Chapter 12, Article 8, Code of Alabama
1975, such Principal shall comply with the conditions of any contract made by such dealer in connection with the sale or exchange of any
motor vehicle and shall not violate any of the provisions of law relating to the conduct of business for which he is licensed.
It is expressly understood and agreed that neither this obligation nor any liability thereunder shall be released or the validity thereof
affected by reason of the adoption by the State of Alabama of any Act in lieu of or amendatory to said laws, but this obligation shall con-
tinue in full force and effect with respect to said statutes or any amendments thereto or changes therein which may be adopted before the
cancellation of this obligation as herein provided, or before the actual cancellation and surrender of this obligation by the State of Alabama
pursuant to any law now existing or hereafter adopted relating thereto.
It is further expressly understood and agreed that the liability of both the Principal and the Surety on this bond shall be for the license
period of _________________, _____ through September 30, _____ and that a new bond or a proper continuation certificate must be deliv-
ered to the Alabama Commissioner of Revenue AT THE BEGINNING OF THE LICENSE YEAR, WHICH IS OCTOBER 1, AND EXPIR-
ING ON SEPTEMBER 30 OF THE SAME LICENSE YEAR; provided, however, that the aggregate liability of the Surety in any one license
year shall in no event exceed the sum of such bond.
The Surety on this bond may be released and discharged from any and all liability to the State of Alabama accruing on this bond after
the expiration of sixty (60) days from the date upon which said Surety shall have filed with the Alabama Department of Revenue written
request to be released and discharged provided; however, such request shall not operate to relieve, release or discharge such Surety from
any liability already accrued or which shall accrue before the expiration of said sixty (60) day period.
In WITNESS WHEREOF, we hereunto set our names and seals on this the ________ day of __________________, _________
___________________________________ ___________________________________ ___________________________________
NAME OF SURETY COMPANY
SIGNATURE OF PRINCIPAL, PARTNER, MEMBER, OR CORPORATE OFFICER
(TYPE OR PRINT NAME)
By: ________________________________ ___________________________________ ___________________________________
SIGNATURE OF AGENT OF SURETY COMPANY
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
Telephone (_______) _________________ _ ___________________________________ ___________________________________
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
___________________________________ ___________________________________ ___________________________________
COMMISSIONER OF REVENUE
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
ALL NAMES MUST BE TYPED UNDER SIGNATURES
(Instructions on Back)
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