Dealer bonds file with the Secretary of State through the Bureau of Motor Vehicles on Form MVD-390 and track prior-year or projected sales under Title 29-A. Most other commercial license bonds in this hub run through the Bureau of Consumer Credit Protection inside the Department of Professional and Financial Regulation. Loan brokers, supervised lenders, money transmitters, debt collectors, and debt-management registrants generally apply and bond through NMLS, and the Bureau’s electronic surety-bond program now expects those instruments as NMLS electronic surety bonds. When a company has multiple branches that each need coverage, NMLS company electronic bonds are sized in the aggregate because the system does not issue separate branch bonds.
Maine · Surety Bond Resource Center
Maine surety bonds
Maine’s published statewide license bonds sit mainly with the Secretary of State’s Bureau of Motor Vehicles and the Bureau of Consumer Credit Protection. Motor vehicle dealers—other than equipment and light trailer dealers—file a sales-tiered surety under 29-A M.R.S. §901 ranging from twenty-five thousand to one hundred thousand dollars on Form MVD-390. Loan brokers post twenty-five thousand dollars per licensed location under 9-A M.R.S. §10-202 (ten thousand dollars for refund-anticipation facilitators only), while supervised lender branch applications carry a fifty-thousand-dollar surety under §2-302. Money transmitters maintain one hundred thousand dollars of security under 32 M.R.S. §6100-S. Debt collectors size under administrator schedules that start at five thousand to twenty thousand dollars for new applicants and rise with Maine collection volume at renewal. Debt-management service providers file a fifty-thousand-dollar surety under 32 M.R.S. §6174. Maine does not impose a statewide general-contractor license bond, a notary commission surety, or a current public-adjuster bond after repeal of 24-A M.R.S. §1854.
Maine at a glance
- Motor vehicle dealer
- $25,000–$100,000
- Loan broker
- $25,000 per location
- Supervised lender
- $50,000 per branch
- Money transmitter
- $100,000
- Debt collector
- $5,000–$50,000
- Debt management services
- $50,000
By prior-year sales under 29-A M.R.S. § 901; Form MVD-390.
$10,000 if solely a refund-anticipation facilitator (9-A M.R.S. § 10-202).
9-A M.R.S. § 2-302(4); main-office amount if administrator requires, ≤ $50,000.
32 M.R.S. § 6100-S; deposit may substitute with approval.
Initial amount by activity; renewal by average monthly Maine collections (Bureau of Consumer Credit Protection / Rule Ch. 300).
32 M.R.S. § 6174.
How it works in this state
How Maine bonding is organized
What this hub does not treat as statewide license bonds
Maine has no statewide general-contractor or home-improvement license bond; electricians and plumbers license through professional boards without a universal contractor bond amount published here. Credit-services-style credit-repair activity is licensed as a loan broker under Article 10 of Title 9-A rather than as a separate credit-services organization bond track. Notary commissions do not require a surety. The former adjuster’s bond statute, 24-A M.R.S. §1854, has been repealed. Title-insurance producer licensing was not verified to a marketed statewide title-agent bond schedule for this hub. Municipal street-opening bonds, payroll-processor recovery-fund alternatives, and project bid, performance, payment, and court bonds stay outside the commercial-core set.
Maine bond directory
Find your bond requirement
These guides cover license and permit bonds with verified educational content. Your agency notice or application checklist is always the final authority.
- Motor Vehicle Dealer BondLicense & permitMaine Bureau of Motor Vehicles (Secretary of State)$25,000–$100,000File Form MVD-390 with the Bureau of Motor VehiclesAnnual sales-tier review; continuous until cancelled; 30-day cancel notice
- Loan Broker / Supervised Lender BondLicense & permitMaine Bureau of Consumer Credit Protection$25,000 / $50,000File electronically through NMLS (one company bond covering all listed locations)Concurrent with license term; convert to an electronic surety bond on the Bureau timeline
- Money Transmitter BondLicense & permitMaine Bureau of Consumer Credit Protection$100,000Surety bond or administrator-approved deposit, filed electronically through NMLSMaintain while licensed; convert to an electronic surety bond on the Bureau timeline
- Debt Collector BondLicense & permitMaine Bureau of Consumer Credit Protection$5,000–$50,000File electronically through NMLS for most debt-collector licenses (paper form for residential property preservation)Concurrent with license; recalculate amount from Maine collection averages
- Debt Management Services BondLicense & permitMaine Bureau of Consumer Credit Protection$50,000File electronically through NMLS with the Bureau of Consumer Credit ProtectionConcurrent with registration; keep the electronic bond while registered
Who sets the requirement?
Maine licensing agencies
Each agency below sets its own bond requirement. Open the related guide for amounts and filing steps.
Bureau of Motor Vehicles — Dealer licensing
Licenses motor vehicle dealers under Title 29-A and receives Form MVD-390 sureties.
Open related guide →Bureau of Consumer Credit Protection — Loan brokers & supervised lenders
Licenses Article 10 loan brokers and Article 2 supervised lenders and receives their sureties.
Open related guide →Bureau of Consumer Credit Protection — Money transmitters
Licenses money transmitters under Title 32 chapter 79-A and receives §6100-S security.
Open related guide →Bureau of Consumer Credit Protection — Debt collectors
Licenses debt collectors under the Maine Fair Debt Collection Practices Act and receives §11032 sureties.
Open related guide →Bureau of Consumer Credit Protection — Debt management service providers
Registers debt-management providers and receives the $50,000 §6174 surety.
Open related guide →Before you apply
Confirm these details from the agency notice
Bring these five items when you request a bond. For the full checklist, see how to read a bond requirement.
- 1
Agency and license type
Confirm whether you need a BMV dealer bond on Form MVD-390 or a Bureau of Consumer Credit Protection instrument for loan brokerage, supervised lending, money transmission, debt collection, or debt management.
- 2
Amount logic
Dealers size from sales tiers; loan brokers and supervised lenders size per location (or one combined company bond); money transmitters use the $100,000 floor; debt collectors use initial activity amounts then renewal collection brackets; debt-management providers use $50,000.
- 3
NMLS electronic surety bonds
For Bureau of Consumer Credit Protection licenses on the electronic surety-bond list, arrange an electronic surety bond through NMLS. Use one company electronic bond in the combined amount when multiple branches need coverage.
- 4
Exact legal name and addresses
Match the name on the bond to the license. Multi-location loan-broker or lender bonds must list each covered physical address.
Learn more about surety bonds
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
Frequently asked questions
Does Maine require a statewide contractor license bond?
No. Maine does not operate a statewide general-contractor license bond of the type published here. Local permit bonds and public-works performance or payment bonds are separate project instruments.
Is credit repair bonded separately from loan brokerage in Maine?
Credit-record improvement and related credit-services work for a fee fall within Maine’s loan broker definition under Title 9-A Article 10. The published surety path is the loan broker bond—not a separate credit-services organization amount.
Do Maine notaries need a surety bond?
No statewide notary commission bond is required. Optional errors-and-omissions insurance is a personal choice, not a Secretary of State commission bond.
Do Maine public adjusters still post an adjuster’s bond?
The former adjuster’s bond statute, 24-A M.R.S. §1854, has been repealed. This hub does not publish a current statewide public-adjuster bond.
Start your Maine bond application
Maine will be preselected in the application. Choose the bond type on the next step—we verify the current agency form before anything is issued.
Last verified 2026-08-12. Official sources are retained with this guide and checked before publication.
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