Motor Vehicle Dealer Amendments

Summary

The bill increases the surety bond that a used‑motor‑vehicle dealer must post from $75,000 to $200,000. It also revises claim‑filing deadlines, attorney‑fee limits, and the consequences if a dealer fails to maintain the bond. The changes are intended to strengthen consumer protection by ensuring dealers have greater financial backing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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