CT DMV Form K174. Received junk vehicles report

Form K158 - Surety Bond serves as a surety bond submitted by licensed dealers, repairers, or other applicable parties to meet financial security requirements imposed by the Connecticut DMV. This bond provides financial coverage in case the licensee fails to fulfill their obligations or causes financial harm to customers.

This form is used when licensed dealers, repairers, or other parties are required to provide financial security to the DMV as a condition of their licensing. The bond ensures that customers have a recourse in case of financial harm caused by the licensee's actions.

Form Structure

This form involves the licensee, the surety company issuing the bond, and potentially the DMV. It's structured with sections to provide information about the licensee's business, the surety bond details, the surety company's information, and the terms of the bond.

How to Fill Out and Submit the Form

When completing the form, the licensee provides accurate information about their business, the surety bond details, and the surety company's information. The form is submitted to the Connecticut DMV as part of the licensing process or to fulfill financial security requirements. It's important to ensure accurate information and compliance with bonding regulations.

Alternative forms may include other types of financial security or bonding arrangements required by regulatory authorities.