{"id":936,"date":"2013-04-23T03:13:32","date_gmt":"2013-04-23T03:13:32","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=936"},"modified":"2017-01-03T16:20:36","modified_gmt":"2017-01-03T16:20:36","slug":"south-dakota-motor-vehicle-dealer-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/","title":{"rendered":"South Dakota Motor Vehicle Dealer Bond"},"content":{"rendered":"<p>A <strong><a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">South Dakota motor vehicle dealer bond<\/a><\/strong> is required of all parties that make a living by negotiating the exchange of motor vehicles. \u00a0The state statute defines a dealer as\u00a0any person who, for commission or with intent to make a profit or gain, sells, exchanges, rents with option to purchase, offers or attempts to negotiate a sale or exchange of new, or new and used vehicles, or who is engaged wholly or in part in the business of selling new, or new and used vehicles (<a title=\"SD M\/V dealer laws\" href=\"http:\/\/legis.state.sd.us\/statutes\/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6B-1\" target=\"_blank\">32-6B-1<\/a>). \u00a0The <strong>South Dakota motor vehicle dealer bond\u00a0<\/strong>must be\u00a0delivered to the Department of Motor Vehicles executed by the applicant as principal and by a surety company qualified to do business in the state \u00a0before a license will be issued. \u00a0The <strong>South Dakota auto dealer bond\u00a0<\/strong>must be for an amount based upon the type of license applied for, as follows: \u00a0(1) Vehicle dealer&#8217;s license&#8211;$25,000 surety bond; (2) Used vehicle dealer&#8217;s license&#8211;$25,000 surety bond; (3) Motorcycle dealer&#8217;s license&#8211;$5,000 surety bond; (4) Trailer dealer&#8217;s license&#8211;$10,000 surety bond for trailers weighing more than 3,000 pounds; or \u00a0(5) Emergency vehicle dealer&#8217;s license&#8211;$10,000 surety bond. \u00a0The <strong>South Dakota motor vehicle dealer bond<\/strong> obligation guarantees that the dealer will pay all loss, damages and expense that are occasioned by reason of the failure of any title of any motor vehicle or by reason of any fraudulent misrepresentation or breach of warranty as to freedom of liens of any motor vehicle.\u00a0The bond shall be for the license period. \u00a0A new bond or a proper continuation certificate must be delivered to the department at the beginning of each license period.\u00a0<strong>South Dakota surety leader<\/strong>,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>\u00a0offers\u00a0<strong><a title=\"Dealer bond requirements\" href=\"https:\/\/suretyone.com\/pdf\/commercial\/license-bonds\/mv-dealer-bond-requirements.pdf\" target=\"_blank\">motor vehicle dealer bonds<\/a><\/strong>\u00a0in all states where they are required. \u00a0Our special programs allow us to offer you bonding regardless of your credit and financial condition. Visit us at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email us at\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>South Dakota motor vehicle dealer bond<\/strong>\u00a0application or for information on any surety bond need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A South Dakota motor vehicle dealer bond is required of all parties that make a living by negotiating the exchange of motor vehicles. \u00a0The state statute defines a dealer as\u00a0any person who, for commission or with intent to make a&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[159],"tags":[1170,1167,1169,1166,1168],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"A South Dakota motor vehicle dealer bond is required of all parties that make a living by negotiating the exchange of motor vehicles. \u00a0The state statute defines a dealer as\u00a0any person who, for commission or with intent to make a... Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety One, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Surety1\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Surety1\" \/>\n<meta property=\"article:published_time\" content=\"2013-04-23T03:13:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-03T16:20:36+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:site\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"C. Poindexter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/suretyone.com\/blog\/#website\",\"url\":\"https:\/\/suretyone.com\/blog\/\",\"name\":\"Surety One, Inc.\",\"description\":\"Our Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/suretyone.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#webpage\",\"url\":\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/\",\"name\":\"South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/suretyone.com\/blog\/#website\"},\"datePublished\":\"2013-04-23T03:13:32+00:00\",\"dateModified\":\"2017-01-03T16:20:36+00:00\",\"author\":{\"@id\":\"https:\/\/suretyone.com\/blog\/#\/schema\/person\/d34de27c146d5df3d1fb94d9b0c04605\"},\"breadcrumb\":{\"@id\":\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/suretyone.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South Dakota Motor Vehicle Dealer Bond\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/suretyone.com\/blog\/#\/schema\/person\/d34de27c146d5df3d1fb94d9b0c04605\",\"name\":\"C. Poindexter\",\"sameAs\":[\"https:\/\/www.SuretyOne.com\",\"https:\/\/www.facebook.com\/Surety1\",\"https:\/\/twitter.com\/SuretyOne\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/","og_locale":"en_US","og_type":"article","og_title":"South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.","og_description":"A South Dakota motor vehicle dealer bond is required of all parties that make a living by negotiating the exchange of motor vehicles. \u00a0The state statute defines a dealer as\u00a0any person who, for commission or with intent to make a... Continue Reading &rarr;","og_url":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/","og_site_name":"Surety One, Inc.","article_publisher":"https:\/\/www.facebook.com\/Surety1\/","article_author":"https:\/\/www.facebook.com\/Surety1","article_published_time":"2013-04-23T03:13:32+00:00","article_modified_time":"2017-01-03T16:20:36+00:00","twitter_card":"summary","twitter_creator":"@SuretyOne","twitter_site":"@SuretyOne","twitter_misc":{"Written by":"C. Poindexter","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/suretyone.com\/blog\/#website","url":"https:\/\/suretyone.com\/blog\/","name":"Surety One, Inc.","description":"Our Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/suretyone.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#webpage","url":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/","name":"South Dakota Motor Vehicle Dealer Bond &bull; Surety One, Inc.","isPartOf":{"@id":"https:\/\/suretyone.com\/blog\/#website"},"datePublished":"2013-04-23T03:13:32+00:00","dateModified":"2017-01-03T16:20:36+00:00","author":{"@id":"https:\/\/suretyone.com\/blog\/#\/schema\/person\/d34de27c146d5df3d1fb94d9b0c04605"},"breadcrumb":{"@id":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/suretyone.com\/blog\/south-dakota-motor-vehicle-dealer-bond\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/suretyone.com\/blog\/"},{"@type":"ListItem","position":2,"name":"South Dakota Motor Vehicle Dealer Bond"}]},{"@type":"Person","@id":"https:\/\/suretyone.com\/blog\/#\/schema\/person\/d34de27c146d5df3d1fb94d9b0c04605","name":"C. Poindexter","sameAs":["https:\/\/www.SuretyOne.com","https:\/\/www.facebook.com\/Surety1","https:\/\/twitter.com\/SuretyOne"]}]}},"_links":{"self":[{"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/posts\/936"}],"collection":[{"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/comments?post=936"}],"version-history":[{"count":1,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/posts\/936\/revisions"}],"predecessor-version":[{"id":1986,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/posts\/936\/revisions\/1986"}],"wp:attachment":[{"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/media?parent=936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/categories?post=936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/suretyone.com\/blog\/wp-json\/wp\/v2\/tags?post=936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}