Form 735-370B Surety Bond - Oregon

What Is Form 735-370B?

This is a legal form that was released by the Oregon Department of Transportation - Driver and Motor Vehicle Services - a government authority operating within Oregon. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 735-370B Surety Bond?A: Form 735-370B Surety Bond is a bond required by the Oregon DMV for certain vehicle-related transactions.

Q: What is the purpose of Form 735-370B Surety Bond?A: The purpose of Form 735-370B Surety Bond is to ensure that the vehicle-related transaction is conducted in accordance with Oregon DMV regulations.

Q: Who needs to use Form 735-370B Surety Bond?A: Individuals or businesses engaged in vehicle-related transactions in Oregon may need to use Form 735-370B Surety Bond.

Q: How much does Form 735-370B Surety Bond cost?A: The cost of Form 735-370B Surety Bond varies depending on factors such as the transaction type and the creditworthiness of the applicant.

Q: When is Form 735-370B Surety Bond required?A: Form 735-370B Surety Bond is required when conducting certain vehicle-related transactions in Oregon, such as obtaining a rebuilt title.

Q: How long is Form 735-370B Surety Bond valid?A: Form 735-370B Surety Bond is typically valid for one year from the effective date, unless otherwise specified by the Oregon DMV.

Q: What happens if there is a claim against Form 735-370B Surety Bond?A: If there is a valid claim against Form 735-370B Surety Bond, the surety bond provider may be responsible for compensating the claimant up to the bond amount.

Q: Can Form 735-370B Surety Bond be canceled or refunded?A: Form 735-370B Surety Bond may be canceled or refunded under certain circumstances, such as the completion of the transaction or the expiration of the bond term.

Q: Are there any alternatives to Form 735-370B Surety Bond?A: In some cases, individuals or businesses may have the option to provide alternative forms of financial responsibility, such as a cash deposit or a certificate of self-insurance.