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Bond selected
New Jersey Auto Dealer
Amount
$10,000.00
Obligee
New Jersey Division Of Motor Vehicles
Minimum premium
$100.00
Description
A New Jersey Auto Dealer Bond is a type of surety bond required to obtain a Motor Vehicle Dealer License from the New Jersey Motor Vehicle Commission. It is a legally binding agreement that guarantees that the auto dealer will comply with all Motor Vehicle Commission rules and regulations. The bond protects any person who sustains a financial loss due to the dealer's failure to comply with the rules and regulations.