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dealer bond

New York Auto Dealer Surety Bond

Effective March 28th, 2017, enhanced New York auto dealer surety bond requirements will take effect. The New York Vehicle and Traffic Law has been modified to increase the surety bond sales-to-bond thresholds. Retail or wholesale motor vehicle dealers that sold… Continue Reading →

California motor vehicle dealer bond program.

In California an auto dealer can choose two licensing levels, each requiring its own distinct dealer bond.  A retail motor vehicle dealer must provide a $50,000 surety bond.  A motorcycle dealer or wholesale only auto dealer must provide a $10,000… Continue Reading →

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