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Michigan
Macomb County Transient Merchant License Bond

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Coverage Amount: $500
Term Length: 1 year
Cost: $100
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Macomb County Transient Merchant License Bond Guide

If you’re applying for a transient merchant in Macomb County, Michigan, you’ll need a surety bond. Learn all about the bond requirements and process in this guide. 

Bond Overview

  • Purpose: To ensure compliance with county laws and regulations
  • Who Needs It: Transient merchants working within Macomb County
  • Regulating Body: The County of Macomb
  • Required Coverage: $500 
  • Premium Rate: $100 for a 1-year term

What Is a Macomb County Transient Merchant License Bond? 

In Macomb County, Michigan, all transient merchants must be licensed to operate in the county. A transient merchant bond is one of the licensing requirements. 

The $500 bond protects the county and the public from potential financial damages. 

How Much Do Transient Merchant Bonds Cost?

The required $500 surety bond coverage costs a flat rate of $50 for the 1-year term. Or, you can save up to 25% on additional years by selecting a multi-year term. 

Click below to buy your bond instantly online now!

Bond Type
$500Macomb County Transient Merchant License Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Does a Transient Merchant Bond Work? 

Macomb County, Michigan transient merchant license bonds bind three parties in a legal contract:

  1. Principal: The transient merchant licensee filing the bond
  2. Obligee: The County of Macomb requiring the bond
  3. Surety: The provider issuing the bond

If a vendor creates damages or financial loss, harmed parties can file a claim for compensation. The issuing surety company will pay out valid claims, then the itinerant vendor must refund the surety.

More Resources

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