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| Bonds |
$50,000 bond is required.
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| Dealer License |
All dealer branches, dealers and salespersons must be licensed (see exhibit C). If an owner sells more than eight registered vehicles, motorcycles or trailers within one twelve month period, license is required. New car dealers must be franchised. Place of business, repair facility, 10-car parking lot, and a surety bond are required for application. An inspection is made to verify fulfillment of requirements.
Dealer License Fee: $160.00 annually
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