California Law (Last Updated: March 4, 2014) |
Vehicle Code - VEH |
Division 5. OCCUPATIONAL LICENSING AND BUSINESS REGULATIONS |
Chapter 4. Manufacturers, Transporters, Dealers,and Salesmen |
ARTICLE 1. Issuance of Licenses and Certificates to Manufacturers, Transporters, and Dealers |
Section 11710.1.
Latest version.
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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 by Stats. 2002, Ch. 1110, Sec. 1. Effective January 1, 2003.)