The Wyoming Auctioneer Surety Bond is required to help protect against any misconduct by the city of Cheyenne. The city requires the amount of the bond to be at $1,000. Auctioneer surety bonds protect against any sort of misrepresentation of items auctioned and any substitution of goods. The bond guarantees the recovery of fines, expenses, and/or fees levied by state regulators for non-compliance of the auctioneer.
What is the purpose of a Wyoming Auctioneer Surety Bond?
The city of Cheyenne will not allow any person to sell or cause or permit to be sold at an auction within the city, any personal property unless the sale is conducted by a holder of an auction business license issued by the city clerk. To be given the license, applicants must file a surety bond, along with an application and a license fee of $135.
How do I obtain a Wyoming Auctioneer Surety 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.