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This commission merchant bond Guarantees the payment
for produce which are delivered to the principal. To
perform the function of commission merchant, the commission
merchant is required to obtain the commission merchant
license from the director. Before the license is procured
by the commission merchant, he has to execute a commission
merchant surety bond to the director with the authorization
of the surety company. The commission merchant bond
is issued to the merchant who is dealing with the hay,
straw, seed, livestock and other agriculture products.
The commission merchant bond is issued to the benefit
of the state to have a qualified merchant for the state.
The commission merchant or the commission agent enters
in to an agreement with the farmer. It means that the
commission merchant will act as per the terms and condition
of the bond. In default of the commission merchant,
he can be sued in the court of law with reference to
the bond.
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Phone: (480) 626-8916
Toll free: (866)-420-2613
Fax: (480)452-1730
Address:
PO Box 54338 Phoenix AZ 85078
E-mail : INFO@integritybonds.com for
details.
Surety Bonds by State. If you don't see the
surety bond you need don't worry. We have the bond type
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or fax it to you.