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South Carolina Pawnbroker Surety Bond

South Carolina Pawnbroker Surety Bond

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Who Requires the Pawnbroker Surety Bond and Why Is It Needed?

A Pawnbroker Surety Bond must be deposited by South Carolina pawnbrokers pursuant to Section 40-39-50 of the Code of Laws of South Carolina. The surety bond is typically in an amount or coverage of $15,000 and is required for those seeking a certificate of authority to carry on the business of a pawnbroker in accordance with the laws of the State of South Carolina. If the bonded pawnbroker does not faithfully comply with the South Carolina Pawnbroker Act, S.C. Code Ann. § 40-39-10 et seq. and any regulations set out thereunder, or if anyone is harmed financially because of the principal's misconduct as determined by the Administrator or a court of competent jurisdiction, an actions may be taken by the aggrieved parties to recover against the bond.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your South Carolina Pawnbroker Surety 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.

List of South Carolina surety bonds.

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