Form OL25B Surety Bond of Motorcycle Dealer, Motorcycle Lessor-Retailer, All-terrain Vehicle Dealer, or Wholesale-Only Dealer (Less Than 25 Vehicles Per Year) - California

What Is Form OL25B?

This is a legal form that was released by the California Department of Motor Vehicles - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is form OL25B?
A: Form OL25B is a surety bond for motorcycle dealers, motorcycle lessor-retailers, all-terrain vehicle dealers, or wholesale-only dealers in California.

Q: Who needs to use form OL25B?
A: This form is required for motorcycle dealers, motorcycle lessor-retailers, all-terrain vehicle dealers, or wholesale-only dealers who sell or lease less than 25 vehicles per year in California.

Q: What is the purpose of form OL25B?
A: The purpose of form OL25B is to ensure that the dealer complies with all applicable laws and regulations related to the sale or lease of motorcycles, all-terrain vehicles, or wholesale vehicles in California.

Q: How many vehicles can be sold or leased per year with form OL25B?
A: Form OL25B is for dealers who sell or lease less than 25 vehicles per year in California.

Q: What is a surety bond?
A: A surety bond is a guarantee provided by a bonding company that ensures the dealer will fulfill their obligations and comply with the law. If the dealer fails to do so, the bonding company will pay for any damages or losses.