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Mississippi bonds

Mississippi — Designated Agent For Motor Vehicle Non-Dealers Bond

Mississippi nondealers applying for designated-agent status perform titling duties for the Department of Revenue. Prepare the $5,000 bond request for your location and begin through Propeller.

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Recorded state
Mississippi
Bond type
Motor Vehicle Dealer / Vehicle Services Bond
Category
Vehicles, titles & transportation

What this bond does

Provides the surety security required for a nondealer's designated-agent application to Mississippi DOR.

Who needs it
Eligible nondealer businesses applying to act as designated agents for motor vehicle titling.
Who it protects
The Mississippi Department of Revenue, the named recipient of the designated-agent bond.

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.

Apply for designated-agent status at the right location

DOR's instructions call for an online designated-agent application for each location and a $5,000 surety bond payable to the Department. This role concerns titling duties, rather than a license to sell used cars.

Sources

Have these ready

  1. Have the applicant business name and location details ready.
  2. Keep the nondealer designated-agent request and required form available.
  3. After issuance, submit the bond with the designated-agent application as DOR directs.

Questions about this bond

Is this a retail dealer license bond?

This route is for nondealers seeking designated-agent status to perform titling duties.

What amount does DOR state?

DOR's designated-agent instructions state $5,000, payable to the Mississippi Department of Revenue.

Does the bond approve agent status?

No. Purchase Now opens Propeller in a new tab through The Southern Agency. DOR separately approves designated-agent status.

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