If you are engaged as a Motor Vehicle Broker in the State of Arizona, you are required by the Arizona Motor Vehicle Division to execute an Arizona Motor Vehicle Broker Bond in the amount of $25,000 to ensure compliance with the Arizona Revised Statutes Title 28, Chapter 10, Article 3.
Bonds Express offers an Arizona Motor Vehicle Broker Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Arizona Motor Vehicle Broker Bond holds you accountable for your business decisions.
By possessing an Arizona Motor Vehicle Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.