Increase in dealer bond amount--Implementation.

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32-7B-6.1. Increase in dealer bond amount--Implementation.

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.

Source: SL 2004, ch 207, §8.


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