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Virginia Precious Metal and Gem Dealer's Bond

Virginia Precious Metal and Gem Dealer's Bond

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Who Requires the Precious Metal and Gem Dealer's Bond and Why Is It Needed?

A Precious Metal and Gem Dealer's Bond is required by Section 54-859.21 of the Code of Virginia in order to legally conduct business in the Commonwealth of Virginia. The surety bond must be in the penal sum or coverage amount of Ten Thousand Dollars ($10,000.00) and the purpose of the bond is to ensure that the precious metal and gem dealer complies with the provisions of Chapter 23.2 of the Code of Virginia. This surety bond may be cancelled by the surety bond company by giving thirty (30) days notice in writing to the Virginia Beach Commonwealth's Attorney. In addition to the Commonwealth bond requirement, the cities of Norfolk, Falls Church, and Martinsville may require a Precious Metal and Gem Dealer's Bond. Surety Bonds Direct is fully licensed and authorized to provide these bonds for you.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Virginia Precious Metal and Gem Dealer's 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 Virginia surety bonds.

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