CT reduces bond amount required for Used Auto Dealers

Category: Uncategorized
Published: Jul 18, 2011
SB 703/ HB 6212: License Bond – Used Automobile Dealers.

This bill will reduce the bond requirement for used automobile dealers from $50,000 to $20,000.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.