MVD surety bond is called as motor vehicle dealer surety bond. The motor vehicle dealer surety bond is a guaranteed bond giving compliance with the state and federal laws, rules and regulation of the surety bond. This MVD surety bond is otherwise said as auto dealer bond, used car dealer bond, motor cycle dealer bond or dealer bond. This MVD surety bond is issued to protect the public from the illegal actions of the motor dealer. To be a motor vehicle dealer, the dealer is required to obtain a motor vehicles dealer license. This motor vehicle dealer bond helps to procure this dealer license. Read More>>