Under what circumstance can a dealer's application be rejected?

A dealer's application can be rejected if it lacks the required fees or bond documentation because these components are essential for the processing and approval of the application. The financial requirements, including fees and necessary bonding, ensure that the dealer meets the regulatory standards and can operate legally and responsibly within the state. This requirement serves to protect consumers and maintain the integrity of the motor vehicle market by ensuring that dealers have sufficient financial backing and compliance with local regulations. Only when all documentation, including fees and bonds, is properly submitted can the application move forward in the approval process.