Colorado — Motor Vehicle Salesperson Or Powersports Vehicle Salesperson Bond
Colorado motor vehicle and powersports salespeople use a $15,000 bond in their own name. This application is for your salesperson license, separate from the dealership's business bond.
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- Recorded state
- Colorado
- Bond type
- Motor Vehicle Dealer / Vehicle Sales Bond
- Category
- Vehicles, titles & transportation
What this bond does
Requirement for licensure as a salesperson in Colorado.
- Who needs it
- Colorado Motor Vehicle Salesperson
- Who it protects
- Persons, firms, and corporations for losses suffered by violation of conditions.
Your bond option
This is the option on record for this bond.
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The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Official bond and application instructions (opens in a new tab)Checked October 19, 2026
Have these ready
- Use your own legal name and salesperson license capacity as the applicant.
- Have Colorado's salesperson bond instructions and requested effective date available.
- After issuance, check the named salesperson and completed form before filing with your licensing documents.
Questions about this bond
Can the bond be continued from year to year?
Yes, it may be continued by the issuance of a proper continuation certificate, which acts as a new and separate obligation.
What is the notice period for standard bond cancellation?
The surety may cancel the bond for any reason provided by statute by filing 45 days' written notice with the Principal and Director.
What should I prepare for this application?
Apply in the salesperson’s name and license capacity rather than using the dealership as principal.