35 Miss. Code. R. 7-04-01-101
Current through October 31, 2024
The Department shall only license Mississippi residents as motor vehicle dealers, which includes wholesale dealers. Every licensed dealer, including wholesale dealers, will be a designated agent of the Department. Every licensed dealer, including wholesale dealers, must have a surety bond written by an insurance company qualified to do business in Mississippi in the amount determined by the Department, but in no case will the bond be less than $15,000.00. The permit given wholesale dealers shall read "Wholesale Only" on the face of the permit.
35 Miss. Code. R. 7-04-01-101