New Jersey Agricultural Dealer Surety Bond
New Jersey Agricultural Dealer Surety Bond
We write Agricultural Dealer Bonds in New Jersey.
No credit checks or underwriting required on bond amounts up to $25,000.
General Information
In New Jersey, agricultural dealer licenses are regulated to ensure that businesses and individuals engaged in agricultural activities comply with state laws and maintain fair practices. All entities that purchase raw milk, fruits, vegetables, live poultry, eggs, hay, grain, or straw from New Jersey producers on credit are required to be licensed and bonded by the New Jersey Department of Agriculture.
For Commission Merchants (Produce), the bond amount posted by a produce dealer must be equal to the estimated maximum monthly value of products purchased or received during the preceding 12 months, up to $150,000. For Dairy(milk and cream) producers, the bond amount posted must be not less than one and one-half times the maximum monthly value of milk or cream purchased or received during the preceding 12 months.
For more information, please visit NJ Department of Agriculture.
As long as the bond amount is $25,000 OR BELOW, just complete the information below, pay by credit card or ACH, and your bond will be issued in minutes. No underwriting or credit check.
If you require a bond that is larger than $25,000, click here to complete a 2 minute application.
Additional information about this corporate surety bond requirement is as follows:
Obligee - New Jersey Department of Agriculture
Bond Amount - Set by the Obligee
Bond Premium - Varies
Renewal Document - Renewal Bond required.