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Mississippi Pharmaceutical Drug Facility Bond

Mississippi Pharmaceutical Drug Facility Bond

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Who Requires the Pharmaceutical Drug Facility Bond and Why Is It Needed?

A Pharmaceutical Drug Facility Bond is a type of surety bond required to ensure compliance with the the Mississippi Pharmacy Practice Act, Mississippi Code Annotated §§ 73-21-71, et seq., and the rules and regulations adopted by such Act. The surety bond typically must be written in a coverage amount of $25,000 or $100,000 and the purpose of the bond is to guarantee payment of administrative penalties imposed by the Mississippi Board of Pharmacy (MBP), and any fees or costs incurred by the MBP in the enforcement of the rules and regulations pertaining to the bonded principal's permit in the event that the bonded principal fails to pay such fines or costs within thirty days after the order.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Mississippi Pharmaceutical Drug Facility 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.




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