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Connecticut bonds

Connecticut — Automobile Club Association Bond

Connecticut's club undertaking follows unpaid member judgments. Its $10,000 sum does not mean $10,000 is available in any one action.

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Recorded state
Connecticut
Bond type
Automobile Club / Motor Club Bond
Category
Vehicles, titles & transportation

What this bond does

Current Section 14-67 permits the club's required $10,000 security through the specified deposit or surety route. The actual E140 undertaking protects members and accepted applicants with the stated unsatisfied judgments for failure to perform the club contract.

Who needs it
The business seeking a Connecticut automobile-club or association license for the described assistance services. An individual motorist buying membership or obtaining a vehicle title is not the applicant for this club-security document.
Who it protects
The printed condition concerns the stated final judgments remaining unpaid after 30 days and limits satisfaction under the bond to $100 in any one action. E140 also expressly states annually cumulative surety liability. Do not replace those specific terms with another State's noncumulative club wording or promise complete reimbursement.

Your bond option

This is the option on record for this bond.

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.

Check the judgment condition and accepted period

Use the current accepted E140 and actual club identity. Match the $10,000 security and member/accepted-applicant beneficiaries, with the required principal, surety and execution particulars.

The current statute makes the license biennial, while the posted form states annually cumulative liability. Those are different provisions, not a two-year term chosen by this listing. Its 30-day termination notice to principal and Motor Vehicle Commissioner is also separate from the unpaid-judgment condition.

Purchase Now opens Propeller. Match the club license, accepted condition, protected class, sum and dates before applying. Submit the accepted evidence through the actual DMV process; issuance is not license approval.

Sources

Have these ready

  1. Identify the actual club/association license application.
  2. Use the accepted E140 and legal principal.
  3. Check the member-judgment condition and $100-per-action restriction.
  4. Coordinate cumulative-liability language and the actual security period.
  5. Complete the required signatures and separate DMV license filing.

Questions about this bond

Is the full $10,000 payable for any member's action?

The current statute and posted form state the $100 restriction in any one action and the unsatisfied-judgment condition. Do not read the security sum as a promise to pay every individual loss in full.

Does the biennial license select a two-year bond?

No. The statute's license period and E140's annually cumulative liability must be coordinated with the accepted issued document. This catalog choice does not preselect a duration.

Do both 30-day provisions describe cancellation?

No. The member-judgment condition and the surety's registered/certified-mail termination notice are different clauses. Match the actual form rather than treating every 30-day reference as the bond term.

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