MS designated agent bonds.
$450 flat. Soft pull.
A Mississippi motor vehicle dealer acting as a designated agent of the Department of Revenue — handling titling and registration — must post a bond payable to the State of Mississippi for the faithful performance of those duties. The minimum is $15,000; at that amount our flat 3% is $450, with one soft credit pull.
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Three steps to designated.
Your designated-agent appointment is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Department of Revenue
Pay online and receive the executed bond ready to file with your designated-agent application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$15,000 bond × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Mississippi lets motor vehicle dealers act as designated agents of the Department of Revenue under Miss. Code § 63-21-13 — collecting title and registration paperwork, taxes, and fees and transmitting them to the state. Because a designated agent handles the public's money and the state's titling process, the law requires a bond.
The bond is payable to the State of Mississippi, in a sum the Department sets but not less than $15,000, conditioned for the faithful performance of the designated agent’s duties. If an agent mishandles funds, fails to deliver clear title, or otherwise breaches those duties, the state and harmed parties can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. This is separate from any used-motor-vehicle-dealer license requirement; some dealers file both. We issue the $15,000 minimum at a flat 3%; if the Department set a higher figure, send it and we will match the rate.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $15,000? +
Who requires this bond? +
Is this the same as the used-car-dealer bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Department of Revenue is waiting on one document.
$450 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.