Forfeiture of security: notice to appear and show cause or the security will be treated as forfeited or insufficient. Notice proposing forfeiture of a dealer's security or stating that the security has become insufficient, setting out reasons and the effective date, ... Summary
Forfeiture of security: notice to appear and show cause or the security will be treated as forfeited or insufficient.
Notice proposing forfeiture of a dealer's security or stating that the security has become insufficient, setting out reasons and the effective date, identifying the dealer by registration number, and directing the dealer to appear to show cause why the security should not be forfeited or why the deficiency should not be made good; failure to appear will result in forfeiture or treatment as insufficient from the stated date and consequential action.
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