The North Dakota Auction Clerk Bond is required by the Public Service Commission in the amount of $10,000. The bond is in place for the benefit of any person injured by the improper conduct of the bondholder. An auction clerk is any person, firm, partnership, etc., who, for a compensation or valuable consideration, is employed either directly or indirectly by an owner while the sale is in progress to record each item offered for sale including its selling price and the buyer’s name or number, to collect sale proceeds, to pay sale expenses, and to prepare a closing statement and make settlement to parties.
Other License Requirements
The license application is accessible online through the North Dakota-Public Service Commission. In addition to the application form, applicants must provide two copies of an Auction Clerk Reference Form, which must be scanned and uploaded. A non-refundable license fee of $35 must also be paid.
How do I obtain a North Dakota Auction Clerk 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.