Form K-158 "Surety Bond - Motor Vehicle - Dealer Repairer/Limited Repairer, or Leasing/Renting Co." - Connecticut

What Is Form K-158?

This is a legal form that was released by the Connecticut Department of Motor Vehicles - a government authority operating within Connecticut. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on June 1, 2010;
  • The latest edition provided by the Connecticut Department of Motor Vehicles;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form K-158 by clicking the link below or browse more documents and templates provided by the Connecticut Department of Motor Vehicles.

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Download Form K-158 "Surety Bond - Motor Vehicle - Dealer Repairer/Limited Repairer, or Leasing/Renting Co." - Connecticut

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DMV USE ONLY
SURETY BOND - MOTOR VEHICLE
DEALER REPAIRER/LIMITED REPAIRER, OR LEASING/RENTING CO.
LICENSE NO.:
K-158 REV. 6-10
STATE OF CONNECTICUT
DEPARTMENT OF MOTOR VEHICLES
60 STATE STREET, WETHERSFIELD, CT 06161
DEALERS & REPAIRERS SECTION
EFFECTIVE:
KNOW ALL MEN BY THESE PRESENT:
SURETY BOND NO.
SURETY BOND
$50,000
$5,000
$10,000
INFORMATION
M.V. DEALER
M.V. REPAIRER/LIMITED REPAIRER
LEASING OR RENTAL CO.
FULL NAME OF LICENSEE AS PRINCIPAL (Name Must Appear as in Records of DMV)
DEALER/REPAIRER/LEASING LIC. NO.
(If currently Lic. by DMV)
LICENSEE
AS
ADDRESS
No. and Street
City or Town
State
Zip Code
PRINCIPAL
FULL NAME OF SURETY COMPANY
ADDRESS
No. and Street
City or Town
State
Zip Code
SURETY
COMPANY
STATE UNDER WHOSE LAWS CORPORATION ORGANIZED AND EXISTING
The above Surety, as duly authorized by law to become surety on bonds of the State of Connecticut, and the above Principal are
held and firmly bound unto the State of Connecticut in the sum as so specified above to be paid to the State of Connecticut, to
which payment the Principal and Surety do jointly and severally bind themselves, their heirs, executors, administrators,
successors and assigns, and each and every one of them, firmly by these presents.
THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT:
WHEREAS, the Principal is an applicant or licensee under the purview of Section 14-52 or Section 14-15, Connecticut General
Statutes, and WHEREAS, pursuant to the provisions of Section 14-52(b) or Section 14-15, Connecticut General Statues, the
Principal has been required, as a condition to his licensure, to furnish the Commissioner of Motor Vehicles a bond satisfactory to
him in the amount of either $50,000 in the case of a motor vehicle dealer or $5,000 in the case of a motor vehicle repairer or
limited repairer, or $10,000 in the case of a motor vehicle leasing or renting company conditioned upon the applicant or licensee
complying with the provisions of any State or Federal law or regulation relating to the conduct of such business and provided as
indemnity for any loss sustained by any person by reason of any acts of the licensee constituting grounds for suspension or
revocation of the license or such licensee going out of business. Such bond shall be executed in the name of the State of
Connecticut for the benefit of any aggrieved party, but the penalty of the bond shall not be invoked except upon order of the
Commissioner of Motor Vehicles after a hearing held before him in accordance with the provisions of Chapter 54 of the
Connecticut General Statutes. This bond shall cover acts and omissions occurring during the period of the license granted to the
Principal. The aggregate liability under this bond shall not exceed the penal amount.
NOW THEREFORE, if the above bounden Principal shall conduct the business in full compliance with State and Federal law and
regulations relating to the conduct of said business, then this obligation shall be void; otherwise to remain in full force and effect.
The Signature of Principal and Surety must be witnessed by two witnesses each. A current Power of Attorney for the Surety's
attorney-in-fact must be attached to this bond.
SIGNATURE OF PRINCIPAL
PRINTED NAME AND TITLE OF PRINCIPAL'S SIGNER
X
SIGNATURE OF FIRST WITNESS OF PRINCIPAL
PRINTED NAME OF WITNESS OF PRINCIPAL
X
SIGNATURE OF SECOND WITNESS OF PRINCIPAL
PRINTED NAME OF WITNESS OF PRINCIPAL
X
SIGNATURE OF ATTORNEY-IN-FACT OF SURETY
PRINTED NAME OF ATTORNEY-IN-FACT OF SURETY
X
SIGNATURE OF FIRST WITNESS OF SURETY
PRINTED NAME OF WITNESS OF SURETY
X
SIGNATURE OF SECOND WITNESS OF SURETY
PRINTED NAME OF WITNESS OF SURETY
X
IN WITNESS WHEREOF, the Principal and Surety have signed and sealed this instrument on
DAY:
MONTH:
YEAR:
DMV USE ONLY
SURETY BOND - MOTOR VEHICLE
DEALER REPAIRER/LIMITED REPAIRER, OR LEASING/RENTING CO.
LICENSE NO.:
K-158 REV. 6-10
STATE OF CONNECTICUT
DEPARTMENT OF MOTOR VEHICLES
60 STATE STREET, WETHERSFIELD, CT 06161
DEALERS & REPAIRERS SECTION
EFFECTIVE:
KNOW ALL MEN BY THESE PRESENT:
SURETY BOND NO.
SURETY BOND
$50,000
$5,000
$10,000
INFORMATION
M.V. DEALER
M.V. REPAIRER/LIMITED REPAIRER
LEASING OR RENTAL CO.
FULL NAME OF LICENSEE AS PRINCIPAL (Name Must Appear as in Records of DMV)
DEALER/REPAIRER/LEASING LIC. NO.
(If currently Lic. by DMV)
LICENSEE
AS
ADDRESS
No. and Street
City or Town
State
Zip Code
PRINCIPAL
FULL NAME OF SURETY COMPANY
ADDRESS
No. and Street
City or Town
State
Zip Code
SURETY
COMPANY
STATE UNDER WHOSE LAWS CORPORATION ORGANIZED AND EXISTING
The above Surety, as duly authorized by law to become surety on bonds of the State of Connecticut, and the above Principal are
held and firmly bound unto the State of Connecticut in the sum as so specified above to be paid to the State of Connecticut, to
which payment the Principal and Surety do jointly and severally bind themselves, their heirs, executors, administrators,
successors and assigns, and each and every one of them, firmly by these presents.
THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT:
WHEREAS, the Principal is an applicant or licensee under the purview of Section 14-52 or Section 14-15, Connecticut General
Statutes, and WHEREAS, pursuant to the provisions of Section 14-52(b) or Section 14-15, Connecticut General Statues, the
Principal has been required, as a condition to his licensure, to furnish the Commissioner of Motor Vehicles a bond satisfactory to
him in the amount of either $50,000 in the case of a motor vehicle dealer or $5,000 in the case of a motor vehicle repairer or
limited repairer, or $10,000 in the case of a motor vehicle leasing or renting company conditioned upon the applicant or licensee
complying with the provisions of any State or Federal law or regulation relating to the conduct of such business and provided as
indemnity for any loss sustained by any person by reason of any acts of the licensee constituting grounds for suspension or
revocation of the license or such licensee going out of business. Such bond shall be executed in the name of the State of
Connecticut for the benefit of any aggrieved party, but the penalty of the bond shall not be invoked except upon order of the
Commissioner of Motor Vehicles after a hearing held before him in accordance with the provisions of Chapter 54 of the
Connecticut General Statutes. This bond shall cover acts and omissions occurring during the period of the license granted to the
Principal. The aggregate liability under this bond shall not exceed the penal amount.
NOW THEREFORE, if the above bounden Principal shall conduct the business in full compliance with State and Federal law and
regulations relating to the conduct of said business, then this obligation shall be void; otherwise to remain in full force and effect.
The Signature of Principal and Surety must be witnessed by two witnesses each. A current Power of Attorney for the Surety's
attorney-in-fact must be attached to this bond.
SIGNATURE OF PRINCIPAL
PRINTED NAME AND TITLE OF PRINCIPAL'S SIGNER
X
SIGNATURE OF FIRST WITNESS OF PRINCIPAL
PRINTED NAME OF WITNESS OF PRINCIPAL
X
SIGNATURE OF SECOND WITNESS OF PRINCIPAL
PRINTED NAME OF WITNESS OF PRINCIPAL
X
SIGNATURE OF ATTORNEY-IN-FACT OF SURETY
PRINTED NAME OF ATTORNEY-IN-FACT OF SURETY
X
SIGNATURE OF FIRST WITNESS OF SURETY
PRINTED NAME OF WITNESS OF SURETY
X
SIGNATURE OF SECOND WITNESS OF SURETY
PRINTED NAME OF WITNESS OF SURETY
X
IN WITNESS WHEREOF, the Principal and Surety have signed and sealed this instrument on
DAY:
MONTH:
YEAR: