Form ITD3909 "Vehicle Ownership Bond" - Idaho

Form ITD3909 or the "Vehicle Ownership Bond" is a form issued by the Idaho Department of Transportation.

Download a PDF version of the Form ITD3909 down below or find it on the Idaho Department of Transportation Forms website.

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Download Form ITD3909 "Vehicle Ownership Bond" - Idaho

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Vehicle Ownership Bond
ITD 3909 (Rev. 7-09)
Know All Men by These Presents:
That
(Name of person or firm to be shown on the certificate of title)
(Owner’s Address)
as principal, and the
, a corporation organized and existing
under the laws of the State of
and authorized to transact surety business in the State
of Idaho, as surety, are held and firmly bound unto the State of Idaho in the sum of
Dollars, lawful money of the United States of America to be paid to the said
State of Idaho, for which payment well and truly to be made, we bind ourselves, our heirs, executors,
administrators, successors, and assigns, jointly and severally firmly by these presents.
The Conditions of the Above Obligation is Such That:
Whereas, the said principal has made application for a certificate of ownership for a (year)
,
(make)
, (model)
, vehicle bearing vehicle identification number
(VIN)
, and if motorcycle, engine number
, and
the Idaho Transportation Department is not satisfied as to the ownership of the vehicle or that there are no
undisclosed security interests in said vehicle and is therefore requiring a bond pursuant to Section 49-523, Idaho
Code, prior to the registration of said vehicle. The conditions of this bond are that the principal and the surety
shall indemnify any prior owner and secured party and any subsequent purchaser of the above-described vehicle
or person acquiring any security in it, and their respective successors in interest, against any expense, loss, or
damage, including reasonable attorney’s fees by reason of the issuance of the certificate of ownership of this
vehicle or on account of any defect in or undisclosed security interest upon the right, title, and interest of the
applicant for certificate of ownership in and to the vehicle.
Provided:
Any such interested person shall have a right of action to recover on the bond for breach of any of its
conditions, but the aggregate liability of the surety to all persons shall not exceed the amount of the bond. Suit
on this bond may be brought in the district court of any county in the State of Idaho in which jurisdiction of the
principal or surety may be had.
Provided Further:
The bond shall be returned at the end of three years or prior thereto if the vehicle is no longer registered in the
state and the currently valid certificate of ownership is surrendered to the Department, unless the Department
has been notified of the pendency of an action to recover on the bond. This bond may not be cancelled for any
reason except at the direction of the Administrator of the Division of Motor Vehicles.
In Witness Whereof, the said principal and the said surety have affixed their hands and seals this
day of
, 20
Insurance Surety Stamp
Surety
Name of Surety
Attorney-in-Fact’s Signature
X
Agency Name
Resident Agent
Principal (New Titled Owner)
Enter business name and Principal’s position title, if applicable
Principal’s Name (Printed)
Title
Principal’s Signature
X
Vehicle Ownership Bond
ITD 3909 (Rev. 7-09)
Know All Men by These Presents:
That
(Name of person or firm to be shown on the certificate of title)
(Owner’s Address)
as principal, and the
, a corporation organized and existing
under the laws of the State of
and authorized to transact surety business in the State
of Idaho, as surety, are held and firmly bound unto the State of Idaho in the sum of
Dollars, lawful money of the United States of America to be paid to the said
State of Idaho, for which payment well and truly to be made, we bind ourselves, our heirs, executors,
administrators, successors, and assigns, jointly and severally firmly by these presents.
The Conditions of the Above Obligation is Such That:
Whereas, the said principal has made application for a certificate of ownership for a (year)
,
(make)
, (model)
, vehicle bearing vehicle identification number
(VIN)
, and if motorcycle, engine number
, and
the Idaho Transportation Department is not satisfied as to the ownership of the vehicle or that there are no
undisclosed security interests in said vehicle and is therefore requiring a bond pursuant to Section 49-523, Idaho
Code, prior to the registration of said vehicle. The conditions of this bond are that the principal and the surety
shall indemnify any prior owner and secured party and any subsequent purchaser of the above-described vehicle
or person acquiring any security in it, and their respective successors in interest, against any expense, loss, or
damage, including reasonable attorney’s fees by reason of the issuance of the certificate of ownership of this
vehicle or on account of any defect in or undisclosed security interest upon the right, title, and interest of the
applicant for certificate of ownership in and to the vehicle.
Provided:
Any such interested person shall have a right of action to recover on the bond for breach of any of its
conditions, but the aggregate liability of the surety to all persons shall not exceed the amount of the bond. Suit
on this bond may be brought in the district court of any county in the State of Idaho in which jurisdiction of the
principal or surety may be had.
Provided Further:
The bond shall be returned at the end of three years or prior thereto if the vehicle is no longer registered in the
state and the currently valid certificate of ownership is surrendered to the Department, unless the Department
has been notified of the pendency of an action to recover on the bond. This bond may not be cancelled for any
reason except at the direction of the Administrator of the Division of Motor Vehicles.
In Witness Whereof, the said principal and the said surety have affixed their hands and seals this
day of
, 20
Insurance Surety Stamp
Surety
Name of Surety
Attorney-in-Fact’s Signature
X
Agency Name
Resident Agent
Principal (New Titled Owner)
Enter business name and Principal’s position title, if applicable
Principal’s Name (Printed)
Title
Principal’s Signature
X
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