(a) A new bond shall be posted with the annual application renewal; no bond continuation certificates shall be accepted.
(b) A finding by the department that the dealer or manufacturer practiced fraud; made any fraudulent representation; or violated any statute, rule, or regulation relating to the conduct of the business for which the dealer or manufacturer license is issued may result in forfeiture of the full amount of the surety bond.
045-5 Wyo. Code R. § 5-4