Alert
SCDMV customers should be aware that text messages from anyone claiming to be the SCDMV collecting money for upaid tickets or tolls is fake. SCDMV does not use texts to collect such payments.
MORE ON FAKE TEXTSSurety Bond
The Motor Vehicle Dealer and Wholesaler Surety Bond (SCDMV Form DLA-1B) ensures that every dealer or wholesaler applicant furnishes a surety bond in the amount required by South Carolina law.
You must submit your original Surety Bond and Power of Attorney with your Application for a Dealer or Wholesaler License (SCDMV Form DLA-1) at the time of your application. The bond provides security or protection against loss or damage due to fraud or fraudulent representation in relation to a sale or transfer of a motor vehicle by a licensed dealer, wholesaler, or their employees.
Your bond must be in effect before the SCDMV will grant you a license. The owner, partner, or corporate officer of the dealership must sign the surety bond. A corporate surety company authorized to do business in SC must secure the bond. You must submit a new surety bond and Power of Attorney to the SCDMV if you change your bonding company. Dealers should always keep a copy of all documents submitted to the SCDMV.