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VIRP 23.000: Introduction

Bonds and Certifications

Executive Summary

California DMV VIRP section 23.000 (Introduction) covers how DMV may accept an applicant’s Statement of Facts (REG 256) (PDF) form, a motor vehicle or vessel bond, or a bond alternative to support the issuance of a. (CVC §§4157, 9923, and 9924) The value of the vehicle or vessel and type of application determines which document is required. Part of Bonds and Certifications. Tags Clinic hosts the official manual text unchanged below for dealers and registration services in California.

Key Takeaways

  • DMV may accept an applicant’s Statement of Facts (REG 256) (PDF) form, a motor vehicle or vessel bond, or a bond alternative to support the issuance of a….
  • (CVC §§4157, 9923, and 9924) The value of the vehicle or vessel and type of application determines which document is required.
  • When a bond is required for registration of a vehicle or vessel, the: Bond must be for an amount equal to the market value of the vehicle/vessel.
  • The market value is determined by taking the midpoint value between the wholesale and retail values shown in a recognized industry motor vehicle valuation and….
  • Application must include a REG 256 (PDF) completed by the applicant stating the reason for submitting a bond.

Important Facts

Manual section
23.000
Chapter
Bonds and Certifications
Manual text
Verbatim DMV VIRP source below the overview