Chapter 38 of Idaho’s statutes requires mint dealers to obtain a $2000 surety bond as a condition of licensing with the state’s Department of Agriculture, Mint Growers Association.
Meeting the surety bond requirement is easy and takes just a few minutes.
You are automatically approved for the $2000 Idaho mint dealer surety bond. There is not even an application as such, properly speaking.
Instead, when you call us, we’ll ask the following of you:
After payment of at least the $100 annual premium, our agency issues this bond to you immediately. Once the premium has been paid, the bond is sent to you by the following business day. Overnight options are available for an additional fee.
Upon receipt, you’ll sign your bond as Principal and then file it to:
State of Idaho
Department of Agricultre, Mint Growers Association
Meridian, ID 83642
At $100 premium, the Idaho mint dealer bond is issued for one year. Thereafter your premium and surety bond renew. You may also purchase your bond for up to 3 years thereby saving over annual premium renewals.
The option premium amounts and savings are as follows:
Your surety bond is a financial guarantee of your compliance with all legal statutes, rules and provisions involved in mint dealing. The bond is also a guarantee of your compliance with all order of the commission.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit bonds in all 50 states.
Please call our agency today at: