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New York
Town of Oyster Bay Second Hand Dealer Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $2,000
Term Length: 2 years
Cost: $120
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Town of Oyster Bay Second Hand Dealer Bond Guide

If you’re applying for a second hand dealer license in the Town of Oyster Bay, New York, you’ll need this surety bond. 

Bond Overview

  • Purpose: To provide financial recourse for any customers harmed by a fraudulent dealer
  • Who Needs It: Secondhand dealers seeking a license in Oyster Bay, NY
  • Regulating Body: The Town of Oyster Bay
  • Required Coverage: $2,000
  • Premium Rate: $120

Learn all about the bond requirements and process in this guide.

What Is a Town of Oyster Bay Second Hand Dealer Bond?

In the Town of Oyster Bay, New York, second hand dealer bonds ensure that dealers comply with government regulations and protect clients from fraud or theft. 

For example, if something happens to collateral property, the surety bond can be used to compensate claimants.

How Much Do Second Hand Dealer Bonds Cost in Oyster Bay, NY?

A $2,000 Town of Oyster Bay second hand dealer bond costs a flat rate of $120. No credit check or application is required. 

Click below to buy your bond in minutes!

Bond Type
$2,000Town of Oyster Bay Second Hand Dealer Bond

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 Town of Oyster Bay second hand dealer 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 as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Town of Oyster Bay Second Hand Dealer Bond Work? 

A second hand dealer bond creates a legal contract between three parties: 

  1. Principal: You, the second hand dealer filing the bond
  2. Obligee: The Town of Oyster Bay requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding local ordinances and license 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. 

Working outside of Oyster Bay? View our New York Pawnbroker Bond Guide to see all secondhand dealer bonds in the state. 

How Do I Renew My Bond?

These bonds expire every two years. To renew your second hand dealer bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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