Colorado Power Sports Wholesaler Bond

ColoradoOn 01/07/2009 the state of Colorado introduced a new bill pertaining to power sports wholesalers. Named HB 1026, the new bill requires power sports vehicle wholesalers to abide by the existing law for power sports vehicle dealers. HB 1026 requires a license surety bond, a savings account, deposit or a certificate of deposit in the quantity of $50,000. The new bill was enacted on May 20th, 2009.