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Licenses for Alabama Non-Dealer Designated Agents at a Financial Institution

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The State of Alabama Department of Revenue, Motor Vehicle Division is responsible for the licensing of non-dealer designated agents such as financial institutions, manufactured home dealer (title applications and cancellations), pawnshops, out-of-state financial institution (manufactured homes only-title applications and cancellations), law firms (manufactured homes only-title applications and cancellations) title agent (manufactured homes only-title applications and cancellations).

The Code of Alabama 1975, Sections 32-8-34 and 32-20-22, defines the non-dealer designated agent license requirements. The following is required for licensure:

1. Completion of the online application (ETAPS) and payment of the license fee.
2. Applicants must attend the two 6 hour training classes before their ETAPS account will be activated. The training class covers titling procedures and ETAPS user training.
3. Provide a copy of the business Title 5 Chapter 19 State Banking License or equivalent.
4. Obtain a $25,000 surety bond and upload as an attachment to the license application.

Premiums for Alabama non-dealer designated agent financial institution bonds are dependent on credit.

Did you know?

A separate application must be submitted for each branch or location.

Information:

Alabama Department of Revenue - Dealer License / Designated Agent
Alabama Department of Revenue - Non-Dealer Application for Designated Agent

How Do I Get Bonded?

Contact SuretyGroup.com at:

Phone: 1‑844‑432‑6637
Emailinfo@suretygroup.com
Fax:     404-351-3237
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