The Mississippi Auctioneer or Firm License Bond is required by the Mississippi Auctioneers Commission in the amount of $10,000.
What is the purpose of a Mississippi Auctioneer or Firm License Bond?
This surety bond is required for all those who want to either be an auctioneer or establish a firm in the state of Mississippi. The bond states that the bondholder shall conduct his business as an auctioneer or firm in accordance with the provisions of the act entitled “License and Regulate Practice of Auctioneering”, Bill No.2554, including all amendments made thereafter. The bond will serve as an assurance to the state that anyone who will suffer from loss or damage due to the violation of rules will be compensated. The surety company will issue a payout which the principal (the auctioneer or firm) will need to reimburse in full.
Where can I get a Mississippi Auctioneer or Firm License Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.