Form Mv-46 - Motor Vehicle Certificate Of Title Bond

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MV-46 (Revised 06-2005)
Motor Vehicle Certificate of Title Bond
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 Revenue 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 Revenue 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 Revenue Commissioner has been notified of a breach of a condition of the bond.
Signed, sealed and dated this ______________day of______________________, __________
(Signature of Witness)
(Principal’s /Owner’s Signature)
(Signature of Witness)
(Surety Agent’s Signature)
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Parent category: Legal