Nebraska Boat Dealer Bonds

Category: Uncategorized
Published: Nov 15, 2011
Boat dealers will be required to be licensed and to also post a surety bond in the amount of $50,000 from a corporate surety company. The bond will be conditioned on the terms of the license and the licensee’s responsibility to be in compliance with applicable law. The licensee will also need to indemnify the lien holders on the boat for losses incurred as specified in the bill’s provisions.

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