Occupational and Business Licensing
555 Wright Way
Carson City, NV 89711
(775) 684-4690
www.dmvnv.com
VEHICLE INDUSTRY BUSINESS LICENSE BOND
Bond Number _______________________________________ License Type:
☐ Wrecker
☐ Salvage Pool
KNOW ALL MEN BY THESE PRESENTS:
That ___________________________________________________________________________, as principal,
(Individual or Corporate Name and Name Doing Business as)
located in the County of ______________________________________________, State of Nevada, obligee,
and _______________________________________________, a corporation organized and existing under and by virtue
(Name of Surety)
of the laws of the State of _____________________, and authorized to transact a surety business in the State of Nevada,
as surety, are held and firmly bound unto the State of Nevada in the penal sum of ___________ THOUSAND DOLLARS
for the payment of which well and truly to be made we hereby bind ourselves, our respective heirs, administrators, executors,
successors and assigns jointly and severally, firmly by these presents:
To be effective on the _______________________ day of ____________________, ________
THE CONDITION OF THIS OBLIGATION IS SUCH THAT:
WHEREAS, the above-named principal has been licensed to carry on or conduct in this State the business of an
automobile wrecker or salvage pool; and
WHEREAS, the above-named surety herein agrees that any person injured by the fraud or fraudulent representation
of the automobile wrecker, or salvage pool in violation of any of the provisions of Chapter 487 of the Nevada Revised
Statutes or Nevada Administrative Codes may bring action in said injured person’s own name against the said surety. This
bond is continuous in form and the total aggregate liability of the bond is limited to the payment of the total amount of the
bond. In the event of a dispute of a claim by the surety company, application may be made to the Director, Department of
Motor Vehicles, for good cause shown. After notice and hearing, the director may authorize payment of funds from here
said surety coverage.
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