Arkansas Cigarette Stamp Deputy Bond Guide
If you’re applying for a stamp deputy commission in Arkansas, you’ll need this surety bond.
Bond Overview
- Purpose: To guarantee payment for cigarette stamp taxes
- Who Needs It: Cigarette stamp deputies working for wholesalers in Arkansas
- Regulating Body: The Department of Finance and Administration
- Required Coverage: Varies based on stamp purchase volume
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is an Arkansas Cigarette Stamp Deputy Bond?
An Arkansas cigarette stamp deputy bond holds deputies financially liable for paying cigarette taxes, fines and fees.
Your open account must not exceed 75% of the total amount of the bond coverage purchased.
How Much Do Cigarette Stamp Deputy Bonds Cost in Arkansas?
Arkansas cigarette stamp deputy bonds cost a small percentage of the bond amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Cigarette Stamp Deputy Bond?
The Department of Finance and Administration (DFA) requires this bond as part of the commissioning process for all cigarette stamp deputies in Arkansas.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get an Arkansas cigarette stamp deputy bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the DFA as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Arkansas Cigarette Stamp Deputy Bond Work?
As with all surety bonds, a cigarette stamp deputy bond creates a legal contract between three parties:
- Principal: You, the cigarette stamp deputy filing the bond
- Obligee: The Department of Finance and Administration requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of AR Code § 26-57-236.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your cigarette stamp deputy bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
