Mvd Dealerbonds are required by The State Of California Department Of Motor Vehicles to comply with the state, city, county, or federal government licensing requirements. The obligee is the government entity requiring you to get the bond. There are a variety of types of surety bonds, each with its own requirements and uses. Each entity has their own Mvd Dealer Bond Form, so you will need a different Mvd Dealer bond for each state you will be transacting business in.