$1,000 is your GOOD CREDIT PRICE for a Nevada Motor Vehicle Distributor Bond.
If you are engaged in the sale and distribution of new motor vehicles to dealers in the State of Nevada, you will be required by the Nevada Department of Motor Vehicles to execute a Nevada Motor Vehicle Distributor Bond to ensure compliance with Section 482.020 of the Nevada Revised Statutes.
Bonds Express offers a Nevada Motor Vehicle Distributor 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 Nevada Motor Vehicle Distributor Bond holds you accountable for your business decisions.
By possessing a Nevada Motor Vehicle Distributor Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.