Who requires it
Nebraska Motor Vehicle Industry Licensing Board
License & permit · Nebraska
Nebraska motor vehicle, trailer, and motorcycle dealer applicants must furnish a fifty-thousand-dollar bond when they apply to the Motor Vehicle Industry Licensing Board. Motor vehicle auction dealers instead post a bond of not less than one hundred thousand dollars. Neb. Rev. Stat. §60-1419 requires an Attorney General–prescribed form signed by a Nebraska registered agent and conditions the bond on license compliance, clear title delivery, remittance of lien proceeds, and related consumer and dealer protections.
Who requires it
Nebraska Motor Vehicle Industry Licensing Board
Common bond amount
$50,000 / $100,000
Motor vehicle, trailer, and motorcycle dealers $50,000; auction dealers ≥ $100,000 (Neb. Rev. Stat. § 60-1419).
How you file
Attorney General form filed with MVILB; Nebraska registered agent must sign
Renewal
File with each renewal application; maintain continuous coverage while licensed
Applicants for and holders of Nebraska motor vehicle dealer, trailer dealer, motorcycle dealer, or motor vehicle auction dealer licenses under the Motor Vehicle Industry Regulation Act.
Section 60-1419(1) fixes fifty thousand dollars for motor vehicle, trailer, or motorcycle dealer licenses. Subsection (2) requires not less than one hundred thousand dollars for a motor vehicle auction dealer license. The Motor Vehicle Industry Licensing Board’s application page mirrors those amounts and requires the bond at initial licensing and each renewal.
Have a surety authorized in Nebraska issue the Attorney General dealer or auction bond form in the exact legal name on the MVILB application, obtain the Nebraska registered agent’s signature, and file the original with the dealer license application or renewal package and required fees. Submit a current bond with every initial and renewal filing. Keep coverage continuous while licensed. If the surety cancels, replace the bond before the license renewal or Board compliance deadline so the executive director does not refuse issuance or renewal for lack of §60-1419 security.
Fifty thousand or one hundred thousand dollars is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Yes. Section 60-1419(1) and the Board’s dealer application materials apply the $50,000 amount to motor vehicle, trailer, and motorcycle dealer licenses, including trailer-only and motorcycle-only applications.
The statute requires a bond of not less than $100,000 for auction dealer licenses. The Board’s published auction bond materials use the $100,000 amount—confirm any higher figure the Board or your underwriter requires before filing.
$100,000–$200,000
Nebraska mortgage banker applicants and registrants must file a one-hundred-thousand-dollar bond with the Department of Banking and Finance. After the mortgage report of condition, Neb. Rev. Stat. §45-724 requires the licensee to maintain or increase the amount to one hundred thousand, one hundred twenty-five thousand, one hundred fifty thousand, or two hundred thousand dollars based on the prior calendar year’s closed or serviced Nebraska residential mortgage loan volume. The company bond also covers mortgage loan originators who are employees or independent agents of the applicant.
$5,000 / $10,000 / $15,000
Nebraska collection agencies must furnish a surety bond before the Collection Agency Licensing Board issues a license under Neb. Rev. Stat. §45-608. The amount depends on how many licensed solicitors the agency employs: five thousand dollars for fewer than five solicitors, ten thousand dollars for five to fifteen, and fifteen thousand dollars for sixteen or more. The bond is payable to and approved by the board, filed in the office of the Secretary of State, and conditioned on accounting to clients within forty-five days after each calendar month.
$100,000–$500,000
Nebraska money-transmission applicants and licensees must maintain a surety bond satisfactory to the director under Neb. Rev. Stat. §8-2731. The amount is the greater of one hundred thousand dollars or one hundred percent of the licensee’s average daily Nebraska money-transmission liability for the most recently completed three-month period, up to five hundred thousand dollars. The section became operative October 1, 2025.
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
Nebraska will be preselected. Choose your bond type in the application—we confirm the correct product against your agency form before anything is issued.
Last verified 2026-08-11. This guide is based on verified educational content and official sources.
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