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Mississippi Designated Agent Bond

Cost: $150 / 1 year term
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How much will my Mississippi designated agent bond cost?

The Mississippi Department of Revenue requires non-motor vehicle dealer designated agents to post a $5,000 surety bond and those handling motor vehicles to post a $15,000 surety bond.

Mississippi designated agent bonds for motor vehicle dealers are issued instantly and cost $150. Designated agent bonds for non-motor vehicle dealers are instant-issue as well and carry a cost of $100. When purchasing either of these bonds, there are multiyear discounts available — just another perk of choosing SuretyBonds.com!

Simply click Buy Now to purchase your bond online using our secure bond checkout. In just a few minutes, you can be on your way to being bonded as a Mississippi designated agent.

Bond Type
$15,000Designated Agent Bond

Why is a Mississippi designated agent bond required?

Mississippi designated agent bonds hold the principal (i.e., motor vehicle or manufactured home dealer) responsible for carrying out all duties in compliance with state laws found in Section 6, Senate Bill 1688, Laws of 1968, otherwise known as the Mississippi Motor Vehicle Title Act. If a principal fails to abide by state-mandated vehicle industry ordinances or violates the terms of his or her bond agreement, the surety will cover damages up to the full bond amount. The principal, in turn, must compensate the surety for any damages paid out.

Need information on getting bonded as a motor vehicle dealer in Mississippi? Visit our dedicated Mississippi auto dealer bond page.

What else do I need to know about designated agent bonds in Mississippi?

Mississippi motor vehicle dealer bonds for designated agents are required by the State of Mississippi and remain in full force unless canceled by the surety. The surety can cancel the bond by giving 30 days’ notice in writing to the Department of Revenue of the State of Mississippi.

How to acquire designated agent status

  • Complete the online application for each location.
  • Provide a surety bond in the amount of $5,000, payable to the Mississippi Department of Revenue.
    The original bond must be received by the Department of Revenue before the application will be approved.
    This bond can be mailed to:

Regular Mail

MS Department of Revenue

Title Bureau - Designated Agents

P.O. Box 1033

Jackson, MS 39215

Overnight Mail

MS Department of Revenue

Title Bureau - Designated Agents

500 Clinton Center Dr.

Jackson, MS 39056

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