Anyone applying to become a licensed Auction Dealer must complete and submit the dealer license application and include all required documents with electronic payment.
Bonds
Motor Vehicle/Trailer/Motorcycle bond requirement is $50,000 and the Auction Dealers bond requirement is $100,000. Applicants are required to submit their bond with their initial license application and subsequent license renewal applications. The Motor Vehicle/Trailer/Motorcycle Dealer bond and Auction Dealer bond forms are included as sample forms. Contact your insurance carrier or bonding company for issuance of the bond. A Nebraska registered agent must sign the bond per NEB. REV. STAT. § 60-1419(2).