Bond redemption eligibility: early release allowed after two years post import if the vehicle remains untransferred. Regional Licensing Authorities may permit early redemption of bonds on vehicle imports originally subject to a five year No Sale Period if two years have elapsed since importation and the vehicle has not been transferred during that time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bond redemption eligibility: early release allowed after two years post import if the vehicle remains untransferred.
Regional Licensing Authorities may permit early redemption of bonds on vehicle imports originally subject to a five year No Sale Period if two years have elapsed since importation and the vehicle has not been transferred during that time.
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