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Indiana bonds

Indiana — Transfer Dealer Bond

Indiana transfer dealers transfer vehicles as a result of their primary business. Use this route for the Vehicle Merchandising Certificate/Bond requested for that license, and begin with Propeller.

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Recorded state
Indiana
Bond type
Motor Vehicle Dealer / Vehicle Sales Bond
Category
Vehicles, titles & transportation

What this bond does

Requirement for transfer dealer licensing in Indiana.

Who needs it
Indiana Transfer Dealer
Who it protects
The form identifies it as a mandatory document for the transfer dealer license application.

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.

Licensing Requirement

A bond is a mandatory component of the transfer dealer application package.

Sources

Have these ready

  1. Explain the primary business and ownership transfers, and use the transfer-dealer application rather than a transport-operator description.
  2. Have the legal applicant name, requesting party and any required form available for the provider application.
  3. Compare the requested sum and effective dates with the actual option and issued document.

Questions about this bond

Is a bond required for an Indiana transfer dealer license?

Yes. The transfer-dealer instructions include the Indiana Vehicle Merchandising Certificate/Bond, State Form 53966, in the application package.

What business details should I prepare?

Have the legal business name and a description of the primary business and its vehicle transfers ready. Transfer dealing is distinct from simply transporting vehicles.

Where does the purchase link go?

The Southern Agency's link opens Propeller in a new tab. After issuance, submit the completed bond with the transfer-dealer licensing documents as instructed.

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