32-6B-7.2. Increase in dealer bond amount--Implementation.
53 words·~1 min read·
/sd/title-32/chapter-32-6/32-6b-7-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To implement any increase in the amount of a dealer bond, a dealer, upon renewal of a bond or upon annual renewal of a dealer license, whichever comes first, shall deliver to the department an original bond or a bond rider that is issued by the surety company showing the new bond amount.