Hancock County Transient Vendor Bond Guide
If you’re applying for a transient vendor license in Hancock County, Mississippi, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect consumers and the county government from financial harm due to unethical business practices
- Who Needs It: Transient vendors working in Hancock County, MS
- Regulating Body: The Hancock County Board of Supervisors
- Required Coverage: $2,500
- Premium Rate: $100
Learn all about the bond requirements and process in this guide.
What Is a Hancock County Transient Vendor Bond?
A transient vendor bond is a form of financial security that protects the Hancock County government and the general public from harm. Under Mississippi Code, Chapter 85, Section 75, all vendors need to file a bond with the Board of Supervisors.
The $2,500 surety bond can be used to pay claims that emerge due to business misconduct. This includes unpaid taxes, fines incurred due to license violations, or court judgements rendered against the vendor.
How Much Do Transient Vendor Bonds Cost?
A $2,500 Hancock County transient vendor bond costs a flat rate of $100. Or, you can save 25% by selecting a multi-year term. Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Hancock County Transient Vendor Bond?
The Board of Supervisors requires this bond as part of the licensing process for any vendor that operates for less than six consecutive months in Hancock County.
If you work in the cities below, or any other town/city in Hancock County limits, you’ll need a surety bond.
- Bay St. Louis
- Kiln
- Waveland
- Diamondhead
- Pearlington
How Do I Get My Bond?
With SuretyBonds.com, you can buy your transient vendor bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file it with the Board of Supervisors in Hancock County as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Hancock County Transient Vendor Bond Work?
A transient vendor bond creates a legal contract between these three parties:
- Principal: You, the vendor filing the bond
- Obligee: The Hancock County Board of Supervisors requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Mississippi Code, Title 21, Chapter 19.
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. To renew your Hancock county transient vendor bond bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
