Georgia Private Tag or Tag & Title Agents are required under the OCGA section 40.2.25(b)(1) to file the Georgia Motor Vehicle Private Tag Agent Bond (sometimes referred to as a fidelity bond) as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Georgia Motor Vehicle Tag Agent Bond holds you accountable for your business decisions.
By possessing a Georgia Motor Vehicle Tag Agent Services Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.