Louisiana Marine Product Dealers
SB 175: Motor Vehicles
This will provide for an appeal process towards the new law’s repurchasing requirements for marine product dealers that cease to do business. An appeal bond must be posted to compensate the prevailing party for compliance with the Louisiana Used Motor Vehicle Commission’s decision.
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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.
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