- Designated Agent Qualification Requirements:
- Licensed Alabama Motor Vehicle Dealers must have a current Act 539 Regulatory License.
- Licensed financial institutions – submit a copy of their Title 5, Chapter 19, state banking license or equivalent.
- Pawnshops – submit copy of Alabama pawnshop license.
- Insurance companies
- Towing companies
- Manufactured home dealers
- Out of state financial institutions (manufactured homes only) – submit copy of company’s state business or regulatory license.
- Law firms (manufactured homes only) – submit copy of document evidencing that a principal of the firm is admitted to the State Bar.
- Access application to become a designated agent. The dealer regulatory license bond satisfies the designated agent bonding requirement. Non-dealers are required to post a surety bond in the amount of $50,000, payable to the state of Alabama.
- When a completed package is received by the department, the designated agent account will be set up in ALTS and a designated agent certificate will be sent to the applicant. Note: the legal name of the business must be provided on the application and bond form.
All designated agents are required to complete the Designated Agent training seminar.