Wyoming · Wyoming Statutes — Title 31, Motor Vehicles
Wyo. Stat. (Title 31) § 1-1-105: The amount of any bond required under this section shall not be less than double the value of the vehicle determined at the time of the application
What this law says, in plain English
A bond for a vehicle title must equal at least double the vehicle's value. Vehicle value is determined from appraisals, registrations, or licensed dealer statements. The bond protects prior owners and creditors against losses from title defects or undisclosed security interests.
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