South Dakota — NEW Motor Vehicle Dealer Bond
Preparing a South Dakota new motor vehicle dealer bond? Match the new-dealer class and amount in the state's request, then begin with Propeller.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- South Dakota
- Category
- Vehicles, titles & transportation
What this bond does
Provides security for covered customer losses from title failure, fraudulent misrepresentation and breaches of lien warranties.
- Who needs it
- A South Dakota new motor vehicle dealer applying in the dealership's legal name.
- Who it protects
- Customers sustaining losses covered by the dealer bond conditions.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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
- Codified Law 32-6B-7 | South Dakota Legislature (opens in a new tab)Checked October 19, 2026
Have these ready
- Have the new-dealer entity name and license request ready.
- Keep the required amount, form and effective period available.
- After issuance, check the business details and submit the bond through the licensing process.
Questions about this bond
Can I use the used-dealer amount?
Use the amount assigned to the new-dealer class in your request. The law distinguishes license types.
What customer losses does the law address?
Covered losses include title failure, fraudulent misrepresentation and breaches of warranty regarding liens.
Where do I apply?
Purchase Now opens Propeller in a new tab through The Southern Agency. Bond issuance and state dealer licensing are separate.