Utah's Motor Vehicle Enforcement Division (MVED) conditions a special equipment dealer license on a $75,000 bond, filed on form TC-450. Ours is $2,250 flat — 3% of the bond amount, identical for every dealer. One soft credit pull, e-signed in 1–2 business days.
















Your dealer license is waiting on this bond. Here's the entire process:
Business details, owner information, effective date — plus a one-time consent to a soft credit pull.
Most of these clear quickly; the $75,000 amount may get a closer underwriting look, and an underwriter reaches out within 48 hours if anything else is needed. The soft pull never affects your score.
Pay online and receive the executed bond (form TC-450), ready to file with your dealer license application. Wet-ink originals mailed whenever the state insists.
$75,000 bond × 3% = $2,250, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A special equipment dealer sells off-road and specialized equipment — the kind Utah treats distinctly from ordinary motor vehicles. Utah licenses these dealers through the State Tax Commission's Motor Vehicle Enforcement Division (MVED) under Utah Code Title 41, Chapter 3, and conditions the license on a $75,000 surety bond filed on form TC-450.
The bond is a consumer-and-public-protection guarantee. The TC-450 form conditions payment against fraud, misrepresentation, failure to transfer a certificate of title, and failure to satisfy a lien — so a harmed buyer or lienholder can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The $75,000 amount is the highest of the MVED bond tiers, reflecting the value of the equipment these dealers move; dealers who deliver clean title and keep good records treat it as a license formality.
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 →If yours isn't here, the bond team can usually answer within the hour.
$2,250 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.