Form Mvt 4 2 PDF Details

In the intricate landscape of motor vehicle administration, the MVT 4-2 form emerges as a pivotal document within the state of Alabama. Crafted by the Alabama Department of Revenue Motor Vehicle Division, this non-dealer application form serves a crucial role in designating agents authorized to process title applications and cancellations, specifically for manufactured homes among other responsibilities. These designated agents can range from Alabama financial institutions, which must produce a State Banking License or equivalent, to law firms and title agents requiring specific credentials related to manufactured homes. The form's requirement for a $10,000 Corporate Surety Bond, distinct from the Automobile Dealer License Bond, underlines the state's commitment to ensure financial accountability and integrity in these transactions. Moreover, the form's structured segment for personal and institutional information underscores its intention to meticulously record and verify the credentials of entities seeking to undertake these duties. Submitters are bound by the declaration that all provided information is accurate, under penalty of perjury, highlighting the seriousness with which the state views these applications. The form's provision for differentiating between physical and mailing addresses, along with the specific qualification categories, caters to a wide range of applicants, from local pawnshops to out-of-state financial institutions focusing on manufactured homes, thereby encapsulating the diverse ecosystem involved in motor vehicle title administration in Alabama.

QuestionAnswer
Form NameForm Mvt 4 2
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesMVT4_2 revenuealabamagovmotorvehicles mvt4 3 form

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ALABAMA DEPARTMENT OF REVENUE

MOTOR VEHICLE DIVISION

P. O. Box 327640 • Montgomery, AL 36132-7640

titles@revenue.alabama.gov

Non-Dealer Application For Designated Agent

Sections 32-8-34 and 32-20-22, Code of Alabama 1975 Amended

MVT 4-2 Rev. 12/11

COMPANY NAME:

TELEPHONE:

PHYSICAL ADDRESS:

MAILING ADDRESS (if different from above):

CITY:

COUNTY:

STATE:

ZIP:

Qualifier (qualifiers 3, 4, and 5 may only process title applications and cancellations for manufactured homes):

1)Alabama Financial Institution

Attach a copy of your company’s Title 5, Chapter 19, State Banking License, credit union charter or section 83 occupational license (obtained from your county license issuing official).

2)Alabama Pawnshop

Attach a copy of your Alabama Pawnshop License.

3)Out of State Financial Institution – Manufactured Homes Only Attach a copy of your company’s State business or regulatory license.

4)Law Firm – Manufactured Homes Only

Attach evidence that a principal of the firm is admitted to a State Bar.

5)Title Agent – Manufactured Homes Only

Attach a copy of your certificate of authority issued by the Alabama Department of Insurance.

PRINCIPAL NAME(S)

TITLE

HOME ADDRESS

HOME TELEPHONE

 

 

 

 

1

2

3

4

A Corporate Surety Bond in the amount of $10,000.00, payable to the State of Alabama, is required to qualify as a Designated Agent.

NOTE: This is a different bond from the Automobile Dealer License Bond.

(The surety bond is required to be on Department form MVT 4-5.)

The undersigned states under the penalties of perjury that all information contained in this application is true and correct to the best of his/her knowledge and belief:

BY: __________________________________________________________________

SIGNATURE AND TITLE

NOTE: A SEPARATE APPLICATION MUST BE SUBMITTED FOR EACH BRANCH OR LOCATION AND A SEPARATE ACCOUNT NUMBER WILL BE ISSUED. YOU MAY DUPLICATE THIS FORM OR REQUEST ADDITIONAL FORMS FROM THIS DEPARTMENT.

SPACE BELOW FOR DEPARTMENT USE ONLY

Approved this _________ day of ________________________, _______. ____________________________________________________

COMMISSIONER OF REVENUE

Designated Agent Number _____________________________________

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1. It is important to fill out the Form Mvt 4 2 accurately, thus pay close attention when filling out the sections containing all these blank fields:

Ways to fill in Form Mvt 4 2 stage 1

2. Immediately after this array of blanks is filled out, go to enter the relevant information in these - A Corporate Surety Bond in the, The undersigned states under the, SIGNATURE AND TITLE, NOTE A SEPARATE APPLICATION MUST, NUMBER WILL BE ISSUED YOU MAY, SPACE BELOW FOR DEPARTMENT USE ONLY, Approved this day of, COMMISSIONER OF REVENUE, and Designated Agent Number.

Part number 2 of filling in Form Mvt 4 2

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