Arizona Automotive Recycler Bond
Arizona Automotive Recycler Bond Information
An Automotive Recycler Bond is a type of surety bond required in by the Arizona Motor Vehicle Division for those who buy or acquire motor vehicles exclusively for the purpose of dismantling and selling the parts and accessories.
What Does an Automotive Recycler Bond Protect Against?
The Automotive Recycler Bond protects parties who are damaged financially by the bonded and licensed automotive recycler due to non-payment of a title, registration or other related fee or tax paid to bonded principal, or failure by the bonded principal to deliver a valid vehicle title certificate free and clear of any prior owner's interest and all liens, with the exception of those liens created by or expressly assumed in writing by the buyer of the motor vehicle.
Other Helpful Information and Links
Arizona Motor Vehicle Division Contact Information - Arizona Motor Vehicle Division, Dealer Licensing Unit- Mail Drop 552M, P.O. Box 2100, Phoenix, AZ 85001-2100, www.azdot.gov