Duluth Corporate Surety Bond Guide
If you’re opening a company requiring veterinary services in Duluth, Minnesota, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure veterinarians receive payment for services rendered
- Who Needs It: Animal shelters, kennels and other related business types in Duluth, MN
- Regulating Body: The City Council of Duluth
- Required Coverage: $3,000
- Premium Rate: $100
Learn all about the bond requirements and process in this guide.
What Is a City of Duluth Corporate Surety Bond?
A City of Duluth, Minnesota corporate surety bond is required for the following animal-related business types:
- Pet shop
- Animal shelter
- Grooming shop
- Dog or cat breeding kennel
- Boarding kennel
- Nuisance wildlife removal business
It ensures that veterinarians will receive payment for all services rendered and holds business owners liable to following all other license regulations.
How Much Do Corporate Surety Bonds Cost?
A $3,000 City of Duluth corporate surety bond for animal shelters, kennels and pet shops costs a flat rate of $100 for a 1-year term.
However, your exact premium will be prorated based on the purchase date. Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Duluth corporate surety bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the City Council as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a City of Duluth Corporate Surety Bond Work?
A Duluth corporate surety bond creates a legal contract between these three parties:
- Principal: You, the animal business licensee filing the bond
- Obligee: The City Council of Duluth requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Article VIII of Chapter 6 of the Duluth City Code.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually on December 31. To renew your corporate surety bond, simply pay your renewal invoice when prompted.
After renewing, you’ll receive a continuation certificate to file with the as proof of ongoing coverage.