Mississippi Textbook Bond Guide
If you’re applying for a textbook dealer license in Mississippi, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure school textbook publishers uphold state contracts
- Who Needs It: Textbook publishers and vendors bidding on textbook adoptions in Mississippi
- Regulating Body: The Mississippi Department of Education
- Required Coverage: $2,500 plus $500 per title or grade level
- Premium Rate: Credit-based, typically 1–5%
Learn all about the bond requirements and process in this guide.
What Is a Mississippi Textbook Bond?
A Mississippi textbook bond ensures that contracted publishers properly sell, supply and distribute textbooks to public schools.
The Mississippi Department of Education requires your bond amount to be equal to $2,500 plus $500 per title or grade level.
How Much Do Textbook Bonds Cost?
Mississippi textbook bonds cost a small percentage of the required coverage amount, typically 1–5%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Textbook Bond?
To become a contracted school textbook publisher in Mississippi, dealers must first obtain a license and post this bond. Only licensed and bonded dealers can participate in the school district bidding process.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Mississippi textbook bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Mississippi Department of Education as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Mississippi Textbook Bond Work?
A textbook bond creates a legal contract between these three parties:
- Principal: You, the textbook publisher or vendor filing the bond
- Obligee: The Mississippi Department of Education requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Mississippi Code Title 37, Chapter 43.
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 textbook bond, simply pay your renewal invoice and file the updated bond form with the Department of Education.
We’ll begin contacting you by phone and email 90 days before the expiration date.
