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Junk Dealer's License Bond
The junk dealer’s license bond indemnifies the city
against the claim arises due to the wrongful act of
the licensed junk dealer. To act as a junk dealer or
to engage in the business as a junk dealer to carry
on the purchasing, selling, bartering, exchanging in
the storage of rags, old rope, paper, old iron, brass,
copper, tin lead or other metal, he has to obtain a
junk dealer license from the city council. Without this
license he cannot engage in the activity of junk business.
The application junk dealer’s license should be written
and signed by the applicant with the description of
the premises where the business is located. To obtain
the junk dealer’s license, the applicant is required
to procure the junk dealer’s license bond. This dealer
bond will compiles with the terms and condition of the
state and federal laws with respect to the bond.
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