Oklahoma Automobile or Motor Service Club Bond

A Motor Service Club Bond is a type of surety bond required for those who have made application to the Insurance Commissioner, State of Oklahoma for a certificate of authority to engage in the business of Motor Service Club under authority described in the Oklahoma Statute §3101, et seq. This surety bond secures the faithful performance all statutory duties in the sale of Motor Club memberships, the performance of corresponding business obligations, and the payment of any fines or penalties incurred due to failure to comply with the provisions of the law.