Bond Requirement Update

NOTICE TO ALL REGISTERED ALASKA MOTOR VEHICLE DEALERS

Pursuant to HB36, it is required that all active motor vehicle dealers (except those that only engage in the buying and selling of motorcycles) in the State of Alaska to submit their new bond for $100,000 or rider and proof of auto dealer form liability insurance by October 11th, 2021. A new version of the DMV surety bond template can be found here.

Please submit your proof of HB36 compliance (increased bond and insurance) to the Anchorage DMV, ATTN: Vehicle Services, 3901 Old Seward Hwy, Ste 101 Anchorage, AK 99503, no later than October 11th, 2021 in order to avoid dealer license cancellation.