Logansport License and Permit Bond Guide
If you’re applying for a business license or moving permit in Logansport, you may need this surety bond.
Bond Overview
- Purpose: To enforce compliance with local rules and regulations
- Who Needs It: Some business owners in Logansport, IN
- Regulating Body: The City of Logansport
- Required Coverage: $5,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a Logansport License and Permit Bond?
A City of Logansport license and permit bond is required for professionals in some industries to ensure compliance with local rules and regulations.
The types of businesses that may need this bond include, but are not limited to, the following:
- Taxicab/for-hire vehicles
- Transient merchants
- House/building movers
- Excavators working on public property
How Much Do Business License Bonds Cost in Logansport?
A $5,000 Logansport license and permit bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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How Do I Get My Bond?
With SuretyBonds.com, you can buy your Logansport license and permit bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the City as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Logansport License and Permit Bond Work?
As with all surety bonds, a license and permit bond creates a legal contract between three parties:
- Principal: You, the licensed professional filing the bond
- Obligee: The City of Logansport requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding applicable local laws and regulations.
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 license and permit bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.