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Oklahoma bonds

Oklahoma City, OK — Occupation Bond (Used Trailer/Auto, Salvage, Used Parts/Accessory Dealer)

Use Oklahoma City's occupation undertaking for the actual City trade and license year. A State vehicle-business bond is a different filing.

Also known as Oklahoma City Occupation Bonds

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Recorded state
Oklahoma
Bond type
Auto Dismantler / Salvage Dealer Bond
Category
Vehicles, titles & transportation

What this bond does

The City's posted form requires $1,000 security for its listed used-trailer, used-auto, merchandise-salvage or secondhand/used-auto-parts-and-accessories occupations. It names the City of Oklahoma City and the activity within its corporate limits.

Who needs it
The business applying under the City license file for one of the form's listed trades. Match the requested occupation rather than assuming every activity in this catalog title is authorized or that every State dealer needs this filing.
Who it protects
The City undertaking addresses the stated Code compliance, costs, fines and penalties, and damages for wrongfully taking, buying or receiving stolen property or a minor's property. It is not a general promise covering every defective used part or a vehicle's mechanical condition.

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.

Match the listed trade and City license year

Use the actual City occupation form, principal and $1,000 sum. Its alternative trade descriptions identify the file to match; they do not establish one blanket license for every listed business activity.

The form has beginning and ending dates for the City's license-paying year. Obtain those dates from the actual file. Do not copy the State crusher or rebuilder expiration into this City undertaking.

Purchase Now opens RLI. Check the City form, occupation, principal, named recipient, sum and dates before applying, then complete the required execution/seals and City filing. Provider issuance does not grant the occupation license.

Sources

Have these ready

  1. Identify the actual City trade and license application.
  2. Use the posted City occupation undertaking and $1,000 requirement.
  3. Match the legal principal and City recipient.
  4. Obtain the actual license-year beginning and ending dates.
  5. Check the required execution/seals and submit under the City's instructions.

Questions about this bond

Can a State crusher or rebuilder bond replace this one?

The posted City form has its own recipient, listed occupations, condition and license-year dates. Do not substitute a State undertaking without confirmation for the actual City file.

Does the title authorize every listed trade?

No. Match the occupation covered by the actual City application and approval. A catalog title or issued surety document does not authorize other activities.

Does the bond guarantee all used parts or vehicles?

No. Its printed condition concerns the specified City duties and property-taking damages. It is not general mechanical-warranty or product-liability coverage.

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