YATES, Judge.
This case involves the interpretation and application of the Alabama Automobile Dealer Bond Statute, § 40-12-398, Ala.Code 1975.
Auction Way Sales, Inc. ("Auction Way"), a wholesale automobile dealer located in Chicago, Illinois, sued Ricky Harrell, individually and d/b/a Double Diamond Motors, and Old Republic Surety Company ("Old Republic"), alleging a breach of contract in the nonpayment for eight automobiles sold to Harrell at an Illinois...
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