V C Section 11710.1 Lower Bond Amount Specified Wholesale Only Dealers

Lower Bond Amount: Specified Wholesale-Only Dealers

11710.1.  Notwithstanding subdivision (b) of Section 11710, the bond amount of a dealer who sells vehicles on a wholesale basis only, and who sells fewer than 25 vehicles per year, shall be ten thousand dollars ($10,000).

Added Sec. 1, Ch. 1110, Stats. 2002. Effective January 1, 2003.