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Does an Arkansas New Motorcycle Dealer Have a Bond Requirement for Licensure?

An Arkansas Motorcycle dealer stands in his shop.

Arkansas Motorcycle Dealers, ATV Dealers, Scooter Dealers, Utility Vehicle Dealers and Lessor Dealers are required to have a license to operate a dealership.

Dealers can obtain and apply for a license through the Arkansas Motor Vehicle Commission. Applications can be mailed or delivered to 101 E. Capitol, Suite 204, Little Rock, AR 72201.

Dealers must complete the application and pay the license fee.

Dealers will need to have an established place of business (that is not a residence used as living quarters).

Dealers will need to have an area at the business location to provide service work and repair work and space for parts and accessories.

Dealers will also need to carry liability insurance coverage at all times.

New dealers and lessors will need to obtain the required $25,000 surety bond.

In addition to the application, applicants will need to provide a copy of the franchise agreement and salespersons applications.

How Much Will This Bond Cost?

The premium that you pay for an Arkansas New Motorcycle Dealer or Lessor Bond is dependent on credit and experience in the motor vehicle dealer industry.

Ready to get started?

Contact our Surety Bond Specialists for a free, no-obligation quote.

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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