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Georgia Agricultural Products Dealer Bond

How much does an agricultural product dealer bond cost in Georgia?

The Georgia Commissioner of Agriculture requires agricultural products dealers to post surety bonds to legally work within the state. The required bond amount is based on two factors: the type of agricultural products the applicant handles and the volume of annual business he or she conducts. Applicants should verify their required bond amount with the state prior to bonding.

These bonds are subject to underwriting, so the price you’ll pay for your bond depends not only on your required bond amount but also on a review of your personal credit report. The best way to find out how much you’ll pay for your bond is to request a free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Agricultural Product Dealer Bond Varies Starts at 1% 4-8% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Get bonded quickly, easily and accurately when you work with the experts at SuretyBonds.com. Call 1 (800) 308-4358 or submit a bond request to get started.

Why do I need this bond?

Agricultural products dealers bonds in Georgia are put in place to ensure that principals (dealers) accurately account for and make payments to producers, their agents or representatives for all agricultural products bought from, handled by or sold by the producers as required by Georgia Laws, 1956, p. 617.

If the principal fails to comply with these terms and conduct all business lawfully and ethically, the bond protects harmed parties from financial loss up to the full bond amount.

Ready to get bonded? Let our surety experts do all of the hard work for you! Request for your free bond quote now.

What’s the fine print?

The following professionals must post an agricultural products dealer surety bond in Georgia:

  • cotton dealers
  • cotton warehouses
  • grain warehouses
  • grain dealers
  • dealers in agricultural products
  • brokers/sales agents of agricultural products
  • distributors of agricultural products
  • chain stores
  • livestock/equine sales establishments
  • livestock/equine dealers
  • livestock/equine brokers
  • livestock sales agents

These bonds remain in full force and effect until canceled. The surety can cancel the bond at any time by giving written notice of cancellation via registered mail to the Commissioner of Agriculture at least 90 days prior to the effective date of cancellation.

How to become an agricultural products dealer in Georgia

Prospective agricultural product dealers in Georgia must obtain a license issued by the the Commissioner of Agriculture. Georgia law requires dealers in agricultural products who buy, sell, receive, exchange, negotiate or solicit the sale, exchange or transfer of any agricultural products purchased from the producer or his agent or representative, or received on consignment from the producer or his agent or representative, or handled on a net return basis from the producer, to deliver to the Commissioner a surety bond executed by a surety corporation authorized to transact business in this state and obtain a license as a Dealer in Agricultural Products.

The applicant must specify the types of agricultural products he or she intends to handle on the application form.

Take the first step toward becoming licensed by purchasing the Georgia surety bond you need! We can typically provide your free bond quote within 1 business day of submitting your application.

Ready to get started?

Get a FREE Agricultural Products Dealer Bond Quote Today!

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Georgia Department of Agriculture

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