Section 280.12 - Lessor-Retailer Surety Bond Requirements(a) Every applicant for issuance or renewal of a lessor-retailer license other than a lessor-retailer who deals exclusively with motorcycles shall submit the bond required by Vehicle Code section 11612 on a Lessor-Retailer Surety Bond, form OL 25C (REV. 11/2004), which is hereby incorporated by reference. The bond shall be subject to chapter 2 (commencing with Section 995.010), title 14, of part 2 of the Code of Civil Procedure.(b) Every applicant for issuance or renewal of a license as a lessor-retailer who deals exclusively with motorcycles shall submit the surety bond required in Section of Title 13268.12 of Title 13, California Code of Regulations.(c) The true, full name of the lessor-retailer, and any doing business as (DBA) names under which the licensed activity is conducted, shall be entered on the bond.(d) The appointment of director as the agent for service of process required by Vehicle Code section 11710(d) shall be in the form required under subdivision (c) of Section of Title 13330.08 of Title 13, California Code of Regulations.Cal. Code Regs. Tit. 13, § 280.12
1. New article 4.21 (section 280.12) and section filed 2-14-2006; operative 3-16-2006 (Register 2006, No. 7). Note: Authority cited: Section 1651, Vehicle Code. Reference: Section 995.010, Code of Civil Procedure; and Sections 11612 and 11710, Vehicle Code.
1. New article 4.21 (section 280.12) and section filed 2-14-2006; operative 3-16-2006 (Register 2006, No. 7).