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Arizona Wholesale Pharmacy Bond

Arizona Wholesale Pharmacy Bond

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Who Requires the Wholesale Pharmacy Bond and Why Is It Needed?

Those involved in wholesale pharmaceutical drug distribution often must post surety bonds in order to legally conduct business in the state. The surety bond ensures lawful business practices and compliance with jurisdictional rules and regulations. The bond also typically guarantees payment of fines, penalties and other administrative fees due to the obligee or the state.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Arizona Wholesale Pharmacy 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 surety bond protects those damaged in the event of the bonded principal's noncompliance with the wholesale distribution of prescription-only drug rules and requirements as defined by the Arizona Pharmacy Practice Act, A.R.S. Title 32 Chapter 18 (the Act). The bond also secures payment of any administrative penalties imposed by the ASBP, and any fees and costs incurred by the ASBP pertaining to that permit, and which the principal fails to pay thirty days after the fine or costs become final.

List of Arizona surety bonds.

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