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DMV Vehicle Dealer Bond 101

To sale New or Used Vehicles in California you need a California DMV Vehicle Dealer License. One of the requirement DMV has for you is to obtain a Surety bond of a dealer (OL 25) OR Surety Bond of Motorcycle Lessor-Retailer, All Terrain Vehicle Dealer, OR Wholesale-Only Dealer (Less than 25 vehicles per year) (OL-25B). …

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