If a repair shop intends to sell an abandoned vehicle with a missing title, Colorado’s amendment SB 144 states that they would need to provide a surety bond of twice the amount of the retail fair market value of the vehicle. This law became effective January 1, 2009.
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Colorado Lost Vehicle Title Bond
August 25, 2009 by Lisa GrimsleyDiscuss: Comments (0)
Category: Commercial Bonds, Misc. Commerical Bonds, Surety News
Tags: bond requirements, co, colorado, legislation, lost vehicle title, surety bond, title bond
