Form D-20 Vehicle Dealer Bond - Kansas

What Is Form D-20?

This is a legal form that was released by the Kansas Department of Revenue - a government authority operating within Kansas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form D-20?
A: Form D-20 is the Vehicle Dealer Bond form for the state of Kansas.

Q: What is a Vehicle Dealer Bond?
A: A Vehicle Dealer Bond is a type of surety bond that dealers in Kansas are required to have in order to legally operate.

Q: Why do I need a Vehicle Dealer Bond?
A: The Vehicle Dealer Bond is required by the Kansas Department of Revenue to provide financial protection to consumers in case a dealer engages in fraudulent or unethical practices.

Q: Who needs to file Form D-20?
A: Any individual or business in Kansas that wishes to become a licensed vehicle dealer must file Form D-20 and obtain a Vehicle Dealer Bond.

Q: What information is required on Form D-20?
A: Form D-20 requires information such as the applicant's name, business information, bond amount, and the surety company providing the bond.

Q: How long does it take to process Form D-20?
A: The processing time for Form D-20 can vary, but it typically takes a few weeks for the Kansas Department of Revenue to review and approve the application.

Q: What happens if I don't file Form D-20?
A: Failure to file Form D-20 and obtain a Vehicle Dealer Bond can result in penalties, fines, and even the suspension or revocation of your dealer license.

Q: Can I cancel my Vehicle Dealer Bond?
A: Yes, you can cancel your Vehicle Dealer Bond, but it is advisable to consult with the surety company and understand the implications before doing so.