District of Columbia · D.C. Code — Title 50, Motor and Non-Motor Vehicles and Traffic
D.C. Code Title 50 § 50-603: Bonding of automobile dealers and applicants; liability insurance; designation of Mayor as agent for service of process; limitation on bonds; action on bonds
What this law says, in plain English
District of Columbia requires automobile dealers and installment sales contract purchasers to obtain corporate surety bonds (minimum $25,000) and liability insurance to protect the public against financial losses from violations of applicable laws and regulations.
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