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Wyoming bonds

Wyoming — Certificate Of Title Bond

Have a Wyoming request for a certificate of title bond? Prepare the Affidavit of Vehicle Ownership and supported vehicle value, then use Purchase Now to begin the RLI application.

Also known as Wyoming Defective Title Bond; Wyoming Defective/Certificate Of Title Bonds

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Recorded state
Wyoming
Category
Vehicles, titles & transportation

What this bond does

This bond protects the State of Wyoming and individuals from financial losses or damages resulting from the issuance of a new certificate of title when clear evidence of ownership or lien status is missing. It serves as a guarantee that the owner will indemnify any party harmed by this issuance.

Who needs it
Applicants who own a vehicle but lack the necessary documentation to establish clear title, such as a prior certificate of title or proof of ownership.
Who it protects
This is a surety bond that provides coverage in the event of claims regarding the vehicle's title, up to the bond amount. The aggregate liability of the surety is limited to the total bond amount, regardless of the number of claimants.

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.

Confirm the title-bond request and amount

The posted instructions describe a bond for specified duplicate-title or missing-transfer-document circumstances under W.S.31-2-105. Have the title office confirm that this is the required process for your vehicle; not every missing title copy establishes a bond requirement.

A bond is not required for vehicles valued at less than $2,500. If the vehicle is valued at $2,500 or more, the bond amount must be equal to two times the value of the vehicle.

Prepare the vehicle and applicant details

All information provided on the bond form must be typed or printed clearly, except for required signatures. Applicants must ensure that the vehicle's value is supported by appropriate documentation as noted in the Affidavit of Vehicle Ownership.

If a correction is necessary, applicants should strike through the error rather than using whiteout, and have the mistake initialed by the notary. The date the applicant signs as principal must exactly match the date the notary acknowledges the signature.

Check signatures before submission

The applicant and any additional owners must sign the bond before a notary public. Failure to execute the document correctly or using an inappropriate form may result in significant delays in title issuance.

When a corporate surety executes the bond, the power of attorney, the notary acknowledgement, and the bond execution date must be identical. Additionally, the bond must be accompanied by the required certification for the attorney-in-fact, bearing the company's seal.

Sources

Have these ready

  1. Before applying: prepare the Affidavit of Vehicle Ownership, supporting valuation and vehicle details.
  2. Use Purchase Now to open RLI in a new tab for the requested title bond.
  3. After issuance: check typed or printed details, signatures and any required attorney-in-fact documents against the state instructions.
  4. Sign as principal, with an additional owner where applicable, before a notary. Provide the completed bond with the title materials as instructed.

Questions about this bond

Is a title bond required for every vehicle without a title?

No, a bond is not required for vehicles valued at less than $2,500.

How is the bond amount determined?

The bond amount must be equal to two times the value of the vehicle, as supported by the Affidavit of Vehicle Ownership.

What happens if there are multiple owners listed?

All owners claiming the vehicle must sign the bond as the Principal or additional owner in front of a notary public.

Can I use whiteout to fix a mistake on the bond form?

No, you must strike through any mistakes and have them initialed by a notary public.

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