The state of Montana enacted a new bill concerning the method of attaining a title for motor vehicles. The new law, which is titled HB 380, requires a surety bond to be acquired in order to attain the certificate of title for a motor vehicle should it be sold devoid of the manufacturer’s certificate of origin. The surety bond indemnifies individuals who endure damages by the issuance of a title to the vehicle’s buyer. HB 380 law was introduced on January 28th, 2009.
Montana Vehicle Title Bond
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Category: Auto Dealer Bonds, Commercial Bonds, Surety News
Tags: bond requirements, legislation, Montana, MT, surety bond, Vehicle Title Bond


