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Packers And Stockyards Act Bond | Surety Bond

Packers And Stockyards Act Bond Application

Type of Bond


The stockyards and livestock license dealer bond requires meat packers as well as livestock dealers to be  bonded. stockyards and livestock license dealer bonds guarantees If Principal pays when due to the person or persons entitled thereto the gross amount, less lawful charges, for which all livestock is sold for the accounts of others by Principal, If Principal pays when due to the person or persons entitled thereto the purchase price of all livestock purchased by Principal for his/her own account or for the accounts of others, and if Principal safely keeps and properly disburses all funds, if any, which come into his/her hands for the purpose of paying for livestock purchased for the accounts of others, If Principal, acting as a clearing agency responsible for the financial obligations of other registrants engaged in buying livestock, viz.: (insert here the names of such other registrants as they appear in their applications for registration); or if such other registrants, shall (1) pay when due to the person or persons entitled thereto the purchase price of all livestock purchased by such other registrants for their own accounts or for the accounts of others and (2) safely keep and properly disburse all funds coming into the hands of Principal or such other registrants for the purpose of paying for livestock purchased for the accounts of others, (4) If Principal shall pay when due to the person or persons entitled thereto the This stockyard and livestock dealer bond is required for livestock dealers as well as meat packers. A livestock dealer is a person who is engaged in the activity of buying, selling and negotiating the livestock. To be a licensed livestock dealer, the livestock dealer must inform the packers and administration of the US Department of Agriculture. After obtaining the livestock dealer license, only the dealer can engage in stockyards and livestock dealer bond. To obtain this license he has to apply to packers and stockyard of US Department of Agriculture. When a livestock dealer license has been obtained, the bond should be sent to the Minnesota department of agriculture. Each stockyard and livestock dealer must obtain a stockyards and livestock dealer bond from the U.S Department of Agriculture as required by the state law. The livestock includes cattle, sheep, swine, and goats and so on.

Program


Program: Our agency currently has several specialty programs that can help you place your Packers And Stockyards Act Bond.

Packers And Stockyards Act Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3%  for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%. 

Always check with the "Obligee" for details

Packers And Stockyards Act Bond Application

Application


Our application process for a Packers And Stockyards Act Bond is easy. You can apply for the Packers And Stockyards Act Bond Application .

Find this bond for another state

Obligee Information

An obligee is the entity that is requiring you to have the Packers And Stockyards Act.

Here are a few state specific bonds

State Surety Bond type Bond Amount Obligee More info
Federal  Packers & Stockyards Bond $10,000  Us Department Of Agriculture Grain Inspection  Federal Packers & Stockyards Bond
Georgia  Packers & Stockyards Bond $35,000  State Of Georgia  Georgia Packers & Stockyards Bond
Idaho  Packers & Stockyards Bond $35,000  Us Department Of Agriculture  Idaho Packers & Stockyards Bond
Illinois  Packers & Stockyards Bond $20,000  Us Department Of Agriculture Grain Inspection  Illinois Packers & Stockyards Bond
License Permit  Packers And Stockyards Act Bond     License Permit Packers And Stockyards Act Bond
Mississippi  Packers & Stockyards Bond   Us Department Of Agriculture Grain Inspection Packers  Mississippi Packers & Stockyards Bond
Ohio  Packers & Stockyards Bond $10,000  Us Department Of Agriculture Food And Nutrition Service  Ohio Packers & Stockyards Bond
South Carolina  Packers & Stockyards Bond $10,000  Packers And Stockyards Program State Of South Carolina  South Carolina Packers & Stockyards Bond
Texas  Packers & Stockyards Bond $20,000  Us Department Of Agriculture Gipsa  Texas Packers & Stockyards Bond
Washington  Packers & Stockyards Bond $10,000  Us Department Of Agriculture  Washington Packers & Stockyards Bond


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How We Work

step 1

Fill out an Application

step 2

We Shop for the lowest rate

step 3

You Get Approved