Form 10-345 at a glance
What it is: The State of Arkansas Statement of Facts for Issuance of a Bonded Title.
Who signs: Applicant's Printed Name, Date, Applicant's Address, City, State, Zip, Signature of Applicant and Phone Number.
If applying for a bonded title on a motor vehicle, this form must be accompanied by a bill of sale and verification of the motor vehicle identification number (VIN) on the form prescribed by the Arkansas State Police. The verification shall be conducted by a certified law enforcement officer of any city or county in Arkansas or by the Arkansas State Police or a designee of the Arkansas State Police. The undersigned requests to be approved to pursue bonded title procedures to obtain a certificate of title for a vehicle.
A filled-in Form 10-345 example: an owner applies for a bonded title on a car
How to fill out Form 10-345, box by box
Year, Make, Model, Body Style, Dimensions if Mobile Home and Vehicle Identification Number
Enter the Year, Make, Model, Body Style, Dimensions if Mobile Home and Vehicle Identification Number of the vehicle.
How and from whom the vehicle was obtained
You swear and affirm that to the best of your knowledge the vehicle is not subject to any of the following conditions and that the explanation that follows is an accurate account of how and from whom the vehicle was obtained.
1. The vehicle has not been issued a junking certificate or similarly branded certificate of title. 2. The vehicle is not subject to a mechanics or storage lien. 3. The vehicle is not stolen. 4. The vehicle is not involved in ownership litigation.
Briefly explain how and from whom the vehicle was obtained.
Applicant's Printed Name, Date, Address, City, State, Zip, Signature and Phone Number
Applicant's Printed Name, Date, Applicant's Address, City, State, Zip, Signature of Applicant and Phone Number.
Common questions about Form 10-345
Where do I file it?
Return this completed form to: Department of Finance and Administration Office of Motor Vehicle - Bonded Titles P.O. Box 1272 Little Rock, AR 72203. Upon receipt of this form, the bonded title agent will research Office of Motor Vehicle records to determine if bonded title procedures may be used to obtain title for the vehicle described herein. If so, you will receive bond forms and a letter of approval with further instructions. If not, you will be sent a letter of explanation as to why you are not approved. Please allow ten (10) to twenty five (25) business days processing time. If you have questions you may call (501) 682-4679. Form # 10-345 ACI - 7686
Sources
[1] Form 10-345, Statement of Facts for Issuance of a Bonded Title, State of Arkansas Department of Finance and Administration (the Official source link on this page).
