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Form REG5058 Undocumented Vessel Surety Bond - California
What Is Form REG5058?
This is a legal form that was released by the California Department of Motor Vehicles - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is a REG5058 Undocumented Vessel Surety Bond?A: REG5058 Undocumented Vessel Surety Bond is a type of bond required in California for vessels that do not have proper documentation.
Q: Why is a REG5058 Undocumented Vessel Surety Bond required?A: The bond is required to provide financial protection in case of damages or injuries caused by the vessel.
Q: How do I obtain a REG5058 Undocumented Vessel Surety Bond?A: You can obtain the bond from a licensed surety bond company.
Q: How much does a REG5058 Undocumented Vessel Surety Bond cost?A: The cost of the bond varies depending on the value of the vessel and other factors.
Q: Are there any alternatives to a REG5058 Undocumented Vessel Surety Bond?A: Yes, you may be able to provide an alternative form of security, such as a cash deposit or a letter of credit.
Q: What happens if I don't get a REG5058 Undocumented Vessel Surety Bond?A: Failure to obtain the required bond may result in penalties and the inability to operate the vessel legally.
Q: How long is a REG5058 Undocumented Vessel Surety Bond valid?A: The bond is typically valid for one year.
Q: Can I cancel a REG5058 Undocumented Vessel Surety Bond?A: Yes, you can cancel the bond by providing written notice to the surety bond company.
Q: Is a REG5058 Undocumented Vessel Surety Bond required in all states?A: No, the bond is specific to California and may not be required in other states.
Q: Is a REG5058 Undocumented Vessel Surety Bond refundable?A: No, the bond premium is typically non-refundable.
Form Details:
- Released on October 1, 2005;
- The latest edition provided by the California 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 REG5058 by clicking the link below or browse more documents and templates provided by the California Department of Motor Vehicles.
Download Form REG5058 Undocumented Vessel Surety Bond - California
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