The Louisiana Motor Vehicle Commission requires this surety bond in the amount of $10,000 under LA R.S. 32:1254. The bond is in place in case the bond holder fails to comply with the conditions of any written contract made in connection with the sale, repair, or exchange of any motor vehicle and/or to comply with all provisions of Chapter 6 Title 32 of the Louisiana Revised Statutes of 1950 or any other law of Louisiana in the conduct of business. To determine the cost of this bond, complete our easy online application.
To Secure a Louisiana Motor Vehicle Lessor Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.