The North Dakota Transient Merchant Bond is required by the Office of Attorney General, Consumer Protection & Antitrust Division. A transient merchant is any person or company conducting temporary transient business in North Dakota, whether in location or when traveling from place to place. They are required to obtain a license before being able to operate their business.
What is the purpose of a North Dakota Transient Merchant Bond?
The bond states that the bondholder, his agents, and his employees shall:
- Honestly and faithfully conduct the business of said Principal under Chapter 51-04 of the North Dakota Century Code and all rules and regulations promulgated in pursuance thereof;
- Comply with all material oral or written statements and representations made by the Principal, his agents, representatives, or auctioneers with reference to merchandise sold, or offered for sale, and;
- Faithfully perform under all warranties made with reference to merchandise sold, or offered for sale.
Additional License Application Requirements
- Complete the application form
- Pay the fee of $200
- A list of all employees/agents/ representatives who will be conducting business in the state
- Copy of North Dakota sales tax permit if applicable
- Inventory and price list of all merchandise that will be sold in the state, if applicable
How do I obtain North Dakota Transient Merchant 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.