Louisiana · Louisiana Revised Statutes — Title 32, Motor Vehicles and Traffic
La. R.S. 32 § 32:736: Surety bond required; amount and conditions of surety bond; filing of bond
What this law says, in plain English
Auto title companies must obtain and file a surety bond ($100,000–$125,000 depending on location count) with the state motor vehicles office, guaranteeing timely filing of applications and fee remittance.
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