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 dealers (title applications and cancellations), pawnshops, out-of-state financial institutions (manufactured homes only-title applications and cancellations), law firms (manufactured homes only-title applications and cancellations), and title agents (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) for Non-Dealer Designated Agent for Out of State Financial Institutions and payment of the license fee.
2. Applicants must attend the two six-hour training classes before their ETAPS account will be activated. The training class covers titling procedures and ETAPS user training.
3. Attach a copy of the company’s state business or regulatory license.
4. A $25,000 surety bond is required only if the out of state financial institution will be titling manufactured homes. A copy of the bond will need to be uploaded as an attachment to the license application.
The premium that you pay for an Alabama Non-Dealer Designated Agent Out-of-State Financial Institution (manufactured homes only) Bond is dependent on credit.
A separate application must be submitted for each branch or location.
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