19A N.C. Admin. Code 3D.0229

Current through Register Vol. 39, No. 9, November 1, 2024

Section 03D .0229 - CORP. SURETY BONDS: MOBILE MANUFACTURED HOME DEALERS

A person, business or entity who is engaged in the business of selling mobile or manufactured home, as defined in G.S. 143-143.9, and who also sells motor vehicles in connection to this business, shall either:

(1) furnish to the Division a corporate surety bond, cash bond, or fixed equivalent thereof pursuant to G.S. 20-288(e); or

(2) furnish to the Division a copy of the bond that the dealer has furnished to the North Carolina Manufactured Housing Board, pursuant to G.S. 143-143.12.

19A N.C. Admin. Code 03D .0229

Authority G.S. 20-288(e); 20-302;
Eff. June 1, 1988;
Amended Eff. January 1, 1994;
Readopted Eff. September 1, 2021.

Authority G.S. 20-39, 20-288(e);
Eff. June 1, 1988;
Amended Eff. January 1, 1994.

Readopted by North Carolina Register Volume 36, Issue 07, October 1, 2021 effective 9/1/2021.