- Jurisdiction
- Washington
Hello,
I have transferred ownership of a dealership in April 2019, but forgot to cancel the bond ( I didn't know). Now, my bond company has received 2 claims so far and said there are 9 cases in total was opened with DOL and so there potentially maybe 7 more cases. And that I will have to reimburse for all those claims if the bond will be charged.
My question is: Is there anything I can do now? I don't want to pay for the actions that another owner did.
I have transferred ownership of a dealership in April 2019, but forgot to cancel the bond ( I didn't know). Now, my bond company has received 2 claims so far and said there are 9 cases in total was opened with DOL and so there potentially maybe 7 more cases. And that I will have to reimburse for all those claims if the bond will be charged.
My question is: Is there anything I can do now? I don't want to pay for the actions that another owner did.