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California Auctioneer Bond

California Auctioneer Bond

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Who Requires the Auctioneer Bond and Why Is It Needed?

The California Secretary of State requires that professional auctioneers and auction companies operating in the state furnish a $20,000 surety bond to ensure ethical business conduct and compliance with state codes and guidelines pertaining to the business activities conducted by the licensee, its authorized representatives and agents.

 

How Much Will My Surety Bond Cost?

Surety Bonds Direct offers California Auctioneer Bonds completely online without a credit check or any paperwork at the exceptional low price shown in the table below. Going direct is that easy!

What Does the Bond Protect Against?

The surety bond ensures that the bonded principal complies with the provisions of Title 2.95 (commencing with Section 1812.600), Part 4 of Division 3 of the Civil Code of the State of California, and pays all monies due to third parties when the principal, its representative or agent has received such funds. The bond also guarantees that the bonded principal pays all damages due to any person resulting from unlawful acts or omissions of the principal, its representative or agent while conducting employment related activities.




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