City of Sherman Itinerant Vendor Bond Guide
If you’re applying for an itinerant vendor license in Sherman, Texas, you’ll need this surety bond.
Bond Overview
- Purpose: To hold itinerant vendors accountable for operating honestly and legally
- Who Needs It: All itinerant vendors working in Sherman, Texas
- Regulating Body: The City of Sherman
- Required Coverage: $1,000
- Premium Rate: $100
Learn all about the bond requirements and process in this guide.
What Is a City of Sherman Itinerant Vendor Bond?
In Sherman, Texas, itinerant vendor bonds protect the public from unlawful business practices and solicitations.
The bond allows for financial recourse if an itinerant vendor breaks license regulations or causes other damages.
How Much Do Itinerant Vendor Bonds Cost?
A $1,000 City of Sherman itinerant vendor bond costs a flat rate of $100. 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 City of Sherman itinerant 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 the bond with the city as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a City of Sherman Itinerant Vendor Bond Work?
As with all surety bonds, an itinerant vendor bond creates a legal contract between three parties:
- Principal: You, the itinerant vendor filing the bond
- Obligee: The City of Sherman requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding all applicable municipal ordinances and 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 must refund the surety.
How Do I Renew My Bond?
These bonds expire after six months. To renew your itinerant vendor bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.