The Wisconsin Department of Transportation Division of Motor Vehicles revoked the wholesale dealer license of B and M Auto LLC at 4055 County Road CP in Pound for violating state law when they failed to maintain a dealer bond.
Wisconsin law requires wholesale dealers to carry a security bond to ensure if they commit illegal actions, such as rolling back an odometer or making an illegal sale, a consumer may file a claim against their bond to recoup money lost. Maintaining a bond is a standard business practice and an added security measure that is meant to protect consumers.
