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Does an Alabama Non-Dealer Designated Agent Pawnshop Need a Bond for Licensure?

A pawn shop sign

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 Pawnshop 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 applicants pawnshop license.
4. A $25,000 surety bond is required for the non-dealer designated agent license. A copy of the bond will need to be uploaded as an attachment to the license application.

How Much Will This Bond Cost?

The premium that you pay for an Alabama Non-Dealer Designated Agent Pawnshop Bond is dependent on credit.

Did You Know?

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

Related Links:

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
Hours: 8:00-5:00 CST, Monday through Friday



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