Motor Vehicle Manufacturers operating in the State of Indiana are required under Indiana Code 9-23-2-2 (a)(4)(e & f) to execute an Indiana Motor Vehicle Manufacturer Bond to ensure compliance with licensure.
Bonds Express offers an Indiana Motor Vehicle Manufacturer Bond with a 99% approval rate. You will be required to provide a signed application in order get approval for an Indiana Motor Vehicle Dealer Bond.
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 Indiana Motor Vehicle Manufacturer Bond holds you accountable for your business decisions.
By possessing an Indiana Motor Vehicle Manufacturer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.