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.)

Terms Used In California Vehicle Code 11710.1

  • Dealer: is a person not otherwise expressly excluded by Section 286 who:

    California Vehicle Code 285