Form Mv-46 - Motor Vehicle Certificate Of Title Bond - Georgia
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2MV-46 (2-04)
Motor Vehicle Certificate of Title Bond
BOND NUMBER:
KNOW ALL MEN BY THESE PRESENTS:
That we,______________________________________________________________________, as Principal (owner’s legal name) and
____________________________________________________________________________________, a corporation duly organized
and doing business under and by virtue of the laws of the State of __________________________________________, and authorized
to do business in the State of Georgia, and duly licensed for the purpose of making, guaranteeing, or becoming sole surety upon bonds,
or undertakings as required or authorized by the State of Georgia, as Surety, are held and firmly bound unto the Georgia Department of
Motor Vehicle Safety Commissioner of the State of Georgia in the sum of
____________________________________________dollars ($_______________) lawful money of the United States of America for
the payment whereof well and truly to be made, we bind ourselves, our heirs, executors, successors and assigns, jointly and severally,
firmly by these presents.
The conditions of the foregoing obligation is such that WHEREAS, the above Principal has made application for a Certificate of Title
under Section 40-3-29 of the Official Code of Georgia Annotated for the following described vehicle:
Year __________Make _______________________________Vehicle Identification Number _________________________________
NOW, THEREFORE, if any prior owner, lien holder, or security interest holder, and if any subsequent purchaser of the above vehicle
or person acquiring any security interest or lien in it, and their respective successors in interest should suffer any expense, loss or damage,
by reason of the issuance of the Certificate of Title of the above vehicle or on account of any defect in or undisclosed security upon the
right, title and interest of the Principal in and to the vehicle, the Georgia Department of Motor Vehicle Safety Commissioner shall have
a right of action to recover on this bond for the benefit of such person.
That said bond shall remain in force and effect for a period of four (4) years from the date of issuance of this bond unless the Georgia
Department of Motor Vehicle Safety Commissioner has been notified of a breach of a condition of the bond.
________________________________________,__________
Signed, sealed and dated this _______________________day of
(Month)
(Year)
(Seal)
(Signature of Witness)
(Principal’s/Owner’s Signature)
(Seal)
(Signature of Witness)
(Surety Agent’s Signature)
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