Oklahoma — Used Motor Vehicle Crusher Bond
Oklahoma's crusher packet requires an original $25,000 bond and a separate financial statement. One does not replace the other.
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- Recorded state
- Oklahoma
- Bond type
- Auto Dismantler / Salvage Dealer Bond
- Category
- Vehicles, titles & transportation
What this bond does
The Commission's posted crusher instructions require $25,000 security on its crusher form, signed by the owner and matching the application. The bond and license follow the stated June 30 expiration, while coverage must remain effective throughout licensure.
- Who needs it
- The business using Oklahoma's used-motor-vehicle crusher licensing process. The posted application notes a licensed scrap-metal-dealer exception; confirm the actual class before ordering rather than assuming every scrap operation needs the same filing.
- Who it protects
- The actual form binds the principal and surety to Oklahoma and persons entitled under its crusher conditions. Those include the stated fraud, fraudulent-representation, Crusher Act and loss-indemnity duties. The limited undertaking is not insurance on the crushing equipment or automatic permission to operate.
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
- Oklahoma Commission: posted crusher application and instructions (opens in a new tab)Checked October 26, 2026
- Oklahoma Commission: actual CR-10-2022 crusher surety bond (opens in a new tab)Checked October 26, 2026
Have these ready
- Confirm the actual crusher licensing class and any applicable exception.
- Use the current accepted original $25,000 crusher undertaking.
- Match the owner/entity, business name and address to the application.
- Check principal/surety execution and the actual June 30 year.
- Provide the separate financial and other license documents and maintain uninterrupted security.
Questions about this bond
Does the bond replace the financial statement?
No. The instructions list the financial statement/minimum net-assets requirement separately from the $25,000 bond. Providing the bond does not itself satisfy that financial review.
Must a licensed scrap-metal dealer also obtain a crusher license?
The posted application states that a licensed Oklahoma scrap-metal dealer does not need the crusher license. Have the Commission match your actual license and operations before ordering an unnecessary crusher filing.
Does a business-name or address change always require a fresh bond?
The form extends specified name/address, location and officer changes when ownership is unchanged. That does not remove actual application/update requirements. Confirm the current file and accepted amendment before assuming a new purchase is necessary.