North Carolina Administrative Code
Title 19A - TRANSPORTATION
Chapter 03 - DIVISION OF MOTOR VEHICLES
Subchapter D - ENFORCEMENT SECTION
Section .0200 - MOTOR VEHICLE DEALER, SALES, DISTRIBUTOR AND FACTORY REPRESENTATIVE LICENSE
Section 03D .0229 - CORP. SURETY BONDS: MOBILE MANUFACTURED HOME DEALERS

Universal Citation: 19A NC Admin Code 03D .0229

Current through Register Vol. 39, No. 6, September 16, 2024

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.

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

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