California Vehicle Code

§ 11617

VEH § 11617 Effective Jan 1, 2023Div. 5 · Ch. 3.5

Statute text

(a)The license provided for in this chapter shall be automatically canceled upon the happening of any of the following:

(1)The abandonment of the principal place of business of the lessor-retailer or the change thereof without notice to the department as provided in Section 11610.

(2)The failure of the licensee to maintain an adequate bond or to procure and file another bond as required by Section 11612 prior to the effective date of the termination by the surety of any existing bond.

…

Legislative history

Amended by Stats. 2022, Ch. 295, Sec. 9. (AB 2956) Effective January 1, 2023.