Minnesota Auctioneer Surety Bond

Your Fast & Easy Minnesota Auctioneer Bond Source

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General Information

Planning to become a licensed auctioneer in Minnesota? It's crucial to know that Minnesota's auctioneer licensing system is unique – it's managed at the county level, not by a single state agency! To legally conduct auctions in Minnesota, you'll need to secure a Minnesota Auctioneer Surety Bond through the auditor of the specific county where you reside or primarily intend to conduct your auction business. This bond is a vital part of the licensing process, ensuring compliance with Minnesota Statute 330.02.

The required bond amount must be between $1,000 and $3,000.

No underwriting or credit check required! Just complete the information below, pay by credit card, and your bond will be issued in minutes.

Additional information about this corporate surety bond requirement is as follows:

Obligee - Minnesota Commissioner of Commerce Dept of Insurance
Bond Amount - Either $1,000 and $3,000
Bond Premium - $100

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Contact Info

First Name *

Last Name *

Phone *

Email *

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Bond Information

Enter EXACTLY as it should appear on the bond.

Licensee Name *

Business Address *

City *

State *

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Dist of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Zip *

Business County *

Effective date *

Bond Amount *

Please select an option $1,000 $3,000

Special Instructions

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Additional Information & Shipping

Additional Information

Available shipping options are shown below. After clicking Order Review you will have the option to review your order as well as select your payment method and you're done!
IT'S THAT SIMPLE.

Shipping Options

Regular First Class Mail (not trackable) --- $0.00

Priority Mail - Trackable Delivery (order by 12pm EST) --- $15.25

Next Business Day Delivery (order by 12pm EST) --- $29.50

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Why is this Bond Required by Minnesota?

The primary purpose of the Minnesota Auctioneer Bond is consumer protection within that specific county. It ensures that licensed auctioneers operating under the county's jurisdiction will:

Comply with all applicable Minnesota statutes (especially Chapter 330, governing auctioneers) and relevant county ordinances.

Faithfully honor all consumer contracts and agreements.

Properly account for all monies received from sales.

Pay all required taxes, fees, and fines.

Avoid engaging in fraudulent, dishonest, or unethical practices, including misrepresentation or unlawful acts.

If an auctioneer fails to meet these obligations, causing financial harm to a consumer or the county, a claim can be filed against the bond to seek compensation. The auctioneer is then legally responsible for reimbursing the surety for any valid claims paid.

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