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Mississippi Pawnshop Bond

Mississippi Pawnshop Bond

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Who Requires the Pawnshop Bond and Why Is It Needed?

The Mississippi Department of Banking and Consumer Finance requires a $10,000 Pawnshop Bond in order to legally operate a pawn shop in the state. The bond ensures that the pawn shop complies with government regulations related to managing the daily activities of the business.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Mississippi Pawnshop Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The bond ensures that the business abides by the applicable laws of the State of Mississippi, all other applicable statutes, Additionally, the bond guarantees faithful performance of the duties and obligations pertaining to the business so licensed and the prompt payment of any judgment which may be recovered against such principal on account of damages or other charges arising directly or collectively from any violation of the provisions of the Mississippi Pawnshop Act. Lastly, the bond ensures that principal shall pay and discharge any and all indebtedness for which such principal may become liable under the provisions of the Mississippi Pawnshop Act and any other applicable laws, statutes, or ordinances of the State of Mississippi, or to any county, municipality or other political subdivision.




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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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