Surety Bond Encyclopedia

Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond - Statewide in Pennsylvania

Brief Summary

A full agent issues both temporary registration cards and temporary plates for PennDOT. This listing writes the bond at $30,000, and it is what the department holds against unpaid fees, taxes and bounced checks, so keeping it at full strength is what keeps your plate privileges switched on.

67 Pa. Code § 43.9 requires every full agent, along with authorized dealers and manufacturers, to file and maintain a bond with PennDOT written by a surety authorized in Pennsylvania. The amount is the one set in the Agent Services Agreement. This listing is written at $30,000 and labeled Daimler, so confirm the amount and the form with PennDOT before the bond is issued.

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How to Apply for a Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond:

  • Locate the bond amount in your Agent Services Agreement and confirm it with PennDOT.
  • Obtain the bond from a surety company authorized to transact business in Pennsylvania.
  • Assemble the 67 Pa. Code § 43.4 package: office photos, bank reference, three business references and a notarized liabilities statement.
  • Provide names, addresses and Social Security numbers of owners, officers and authorized employees, plus State Police criminal history for each owner or officer.
  • Post the fee schedule, business hours and authorization certificate at your established place of business.
  • Notify PennDOT within 10 days of any ownership change, and file a bond rider when your address changes.

Detailed Information About the Pennsylvania Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond:

Who is a full agent

67 Pa. Code § 43.2 defines a full agent as a county treasurer or a person, other than a manufacturer or dealer, authorized by PennDOT to issue temporary registration cards and plates. That plate authority is the difference from a card agent, who issues cards only. Full agents order temporary plates from PennDOT and may charge no more than $10 for a plate obtained for $5, or $5 for a plate obtained for $1, under § 43.6.

The amount comes from your contract

Neither the statute nor the regulation prints a dollar figure. 75 Pa.C.S. § 7503.1 requires a bond indemnifying the public and the department in an amount the department specifies, and § 43.9(b) says issuing agents other than card agents are bonded in the amount set in the Agent Services Agreement. This listing is written at $30,000 and carries the label Daimler. Before the bond is issued, check both against your Agent Services Agreement and confirm with PennDOT that this is the amount and form it expects.

What the bond covers and when it bites

Under § 43.9(d), the bond covers monetary loss from checks to the Commonwealth that are dishonored or uncollectible, including protest and uncollectible check fees, and from failing to remit a fee or tax owed to the Commonwealth. If the bond amount is decreased, or a final judgment against it is left outstanding, PennDOT suspends the agent's right to issue temporary cards and plates until the bond is restored, extra bond is provided or the judgment is satisfied. PennDOT reviews and must accept the surety and the bond terms, and a change of address requires a rider to the original bond.

The application package

67 Pa. Code § 43.4 requires applicants to be Commonwealth residents and to submit, among other items, photographs of the office and the secure storage area, a bank reference letter, three business references, the bond or a surety commitment, a notarized statement of liabilities to the Commonwealth, the names and Social Security numbers of owners, officers and authorized employees, State Police criminal history records for each owner or officer, and a schedule of at least 20 public business hours a week. PennDOT may first issue a 60-day temporary certificate while it reviews the operation.

Eligibility and Requirements for a Pennsylvania Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond:

  • Obligee: Pennsylvania Department of Transportation.
  • Surety company authorized to transact business in Pennsylvania, with terms subject to PennDOT acceptance.
  • Bond amount as set in the Agent Services Agreement, listed here at $30,000.
  • Bond kept at its original amount with no unsatisfied final judgment, or issuing rights are suspended.
  • At least 20 public business hours a week, or 10 regular hours plus 10 by appointment.

Pennsylvania Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond FAQs:

What does Daimler mean on this listing?

It is part of the name this bond is listed under. Compare it with the principal and program named in your Agent Services Agreement, and confirm with PennDOT that a $30,000 bond on this form is what it expects before the bond is issued.

Is $30,000 set by Pennsylvania law?

No statute or regulation prints the figure. 75 Pa.C.S. § 7503.1 leaves the amount to PennDOT, and 67 Pa. Code § 43.9 points to the Agent Services Agreement. Your agreement controls.

What happens if a claim is paid or the bond is reduced?

Under 67 Pa. Code § 43.9(c), PennDOT suspends your right to issue temporary cards and plates until the original bond amount is restored, additional bond is provided or the judgment is satisfied.

Can I sell the business and keep the authorization?

No. The certificate is valid only for the owner in whose name it is issued and cannot be transferred. PennDOT must be told within 10 days of a change such as a new partnership, a sale, incorporation, sale of a controlling corporate interest, retirement or death.

What if I stop being an agent?

75 Pa.C.S. § 7504.1 gives an agent who discontinues the business five days to return all temporary cards and plates to PennDOT. Plate fees are refunded on return, less a $25 processing charge, but not when PennDOT has terminated the agent contract.

Official and Additional Resources for the Pennsylvania Motor Vehicle Full / Issuing Agent ($30,000) - Daimler Bond:

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