§ 11612 Lessor-Retailer Bond Requirement

• •If you want to rent out cars, you need a special license.
• •You also need to buy a bond, which is like a safety net for customers.
• •If you do something wrong, customers can use the bond to get their money back.

Imagine you want to start a business where you rent out cars to people for a few days.

Before you can start, you have to buy a bond, which is like a promise that if you break the rules (like not giving someone their money back when you should), the customer can get their money from the bond.