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New Mexico Surety Bond

New Mexico Vehicle Dealer Surety Bonds Expire Annually on March 31st | Get Bonded Today!

New Mexico Vehicle Dealer Surety Bonds Expire Annually on March 31st | Get Bonded Today!

About the New Mexico Motor Vehicle Dealer Bond
The Motor Vehicle Dealer bond is a contractual agreement between three parties. You are the principal. The obligee is the state Motor Vehicle Division. The surety is the third party which provides the bonding. Auto dealer bonds do not protect the principal from lawsuits, but rather it protects the consumer from fraud or misrepresentation by the …