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North Dakota
Franchisor Bond

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

Coverage Amount: $1,000 - $100,000
Term Length: 4 years
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North Dakota Franchisor Bond Guide

If you’ve been told you need a surety bond to sell your franchise in North Dakota, you’re in the right place. This guide outlines the full bonding process and requirements.

Bond Overview

  • Purpose: To protect potential buyers from insolvent or noncompliant franchisors
  • Who Needs It: Franchisors without adequate finances to cover the expected liabilities
  • Regulating Body: The North Dakota Securities Department
  • Required Coverage: $1,000–$100,000
  • Premium Rate: 1–10% based on credit score

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

What Is a North Dakota Franchisor Bond?

A North Dakota franchisor bond is a type of surety bond that guarantees a franchisor will uphold laws and contract agreements. 

The North Dakota Securities Department requires this bond as part of the licensing process for franchise owners without adequate finances to cover the expected liabilities

How Much Do Franchisor Bonds Cost in North Dakota?

North Dakota franchisor bonds cost a small percentage of the bond amount, typically 1–10% based on credit score.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$1,000-$100,000Franchisor Bond

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

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a North Dakota franchisor bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Securities Department as instructed. 

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

How Does a North Dakota Franchisor Bond Work? 

As with all surety bonds, a franchisor bond creates a legal contract between three parties: 

  1. Principal: You, the franchise owner filing the bond
  2. Obligee: The North Dakota Securities Department requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the contract terms and all provisions of Chapter 51-19 of the Franchise Investment Law

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. 

How Do I Renew My Bond?

These bonds expire annually. To renew your franchisor 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

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