Mississippi Livestock Auctioneer Surety Bond

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General Information

Are you an auctioneer specializing in the sale of livestock in Mississippi? To legally operate and conduct livestock auctions in the state, you'll need to secure a Mississippi Livestock Auctioneer Bond. This crucial bond is mandated by the Mississippi Department of Agriculture & Commerce Auctioneer Commission, ensuring integrity and protection within the agricultural auction industry. The required bond amount is $10,000.

No underwriting or credit check required! Just complete the information below, pay by credit card, and we will email an Indemnity Agreement for you to sign and send back to us by either fax or email. Once we receive the signed Indemnity Agreement, your bond will be issued in minutes!

Follow this link if you would like to visit the Mississippi Auctioneer's Commission website for the Auctioneer (Livestock) Bond form.

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

Obligee - Mississippi Department of Agriculture & Commerce Auctioneer Commission
Bond Amount - $10,000.00
Bond Premium - $100.00

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Bond Information

Enter EXACTLY as it should appear on the bond.

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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 2pm EST) --- $15.25

Next Business Day Delivery (order by 2pm EST) --- $29.50

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Why does Mississippi Require a Separate Bond for Livestock Auctioneers?

The primary purpose of the Mississippi Livestock Auctioneer Bond is consumer and industry protection. It ensures that licensed livestock auctioneers operating in Mississippi will:

Comply with the Mississippi Auctioneer Licensing Act (Mississippi Code 73-4-5) and all relevant state regulations concerning auctioneering, especially those pertaining to livestock.

Conduct all livestock auctions fairly, honestly, and transparently.

Properly handle and account for all funds, consignments, and property related to livestock sales.

Avoid any fraudulent or dishonest practices, misrepresentation of livestock, or unlawful acts.

Adhere to any specific regulations related to livestock sales, such as those concerning animal health, weights, or proper documentation.

If any party (e.g., a buyer, seller, or the state) suffers financial harm due to your failure to comply with these obligations, they can file a claim against your bond to seek compensation. The surety company, upon validating the claim, will pay out up to the bond amount, and you, as the auctioneer, would then be obligated to reimburse the surety.

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