The Arizona NPM Surety Bond (non-participating manufacturer) is required by the Attorney General of the State of Arizona. The bond amount is calculated based on the largest amount of money the NPM or its predecessor has owed the state in any of the previous twelve calendar quarters, subject to a $50,000 minimum bond amount. The cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.
How to get an Arizona NPM Surety Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day. 2
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Arizona NPM Surety Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
2- Subject to underwriter approval, based on aggregate surety bond exposure, additional underwriting information may be required
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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What is the purpose of the Arizona NPM Surety Bond?
Cigarettes are defined as any product that contains nicotine. According to the Arizona Revised Statutes 44-7111, a nonparticipating manufacturer will need to post a surety bond if their cigarettes were not sold in the State during any one of the four preceding calendar quarters, or if they fail to make an escrow deposit in time, or if they or any person affiliated with the manufacturer were removed from the state directory in the preceding five calendar years. The bond is in place in ensure the integrity of the tobacco master settlement agreement.
See our “What is a Surety Bond” Video.
How to Get Your Arizona NPM Surety Bond – Tobacco Tax
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.