In the State of Minnesota, a sign contractor is any person who has contracted to perform installation of signs. According to Minnesota Statute 326B.865, a sign is “a device, structure, fixture, or placard using graphics, symbols, or written copy that is erected on the premises of an establishment including the name of the establishment or identifying the merchandise, services, activities, or entertainment available on the premises.
In compliance with Minnesota Statute 326B.865, a sign contractor may file a bond with the commissioner that ensures the contractor’s faithful compliance with all laws, rules, and contracts entered into for the installation of signs.
The required bond amount is $8,000.
The bond must be renewed biennially; however, it may be cancelled by the surety with 30 days written notice to the commissioner.
All fees are required by the obligee, not the Surety Company.
CLICK HERE for more licensing information from the Minnesota Department of Labor and Industry.
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