New York Ticket Reseller Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing; Surety Bond Amount
New York ticket resellers are individuals and businesses which operate a physical plance or an online website that brings together two or more parties for the purpose of reselling tickets.
The Empire State’s Division of Licensing Services regulates ticket resellers, requiring you to obtain a $25,000 surety bond as a condition of licensing.
Qualifying and the Premium
You and your New York ticket reseller business are automatically approved for the $25,000 New York ticket reseller bond. There is no credit check or underwriter review, and the premium is $250 annually.
When you call our agency, we’ll take your application, payment, and we’ll issue the bond to you in a matter of minutes.
We’ll ask you for the basics: The name, as it should appear on your surety bond. This name should match any other paperwork you’ll be filing with New York.
And, of course, we’ll need your contact information, which includes an email address and at least one business phone number.
After payment of the $250 premium, our agency will issue you the following documents:
- Your surety bond and Power of Attorney form. We’ll notarize you bond as Surety; you’ll notarize your bond as Principal;
- A notary form;
- A financial statement from our surety.
Upon receipt and completion of all documents, you’ll file everything received to:
New York State
Dept. of State, Division of Licensing Services
PO Box 22001
Albany, NY 12201-2001
Premium Prepayment Options
The $250 premium issues your NY reseller surety bond for a one year period. The bond will renew on the anniversary of its issuance.
Our agency offers you the option to prepay your premium, which offers you a savings over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $450, a $50 savings;
- If prepaid for 3 years, the premium is $650, a $100 savings.
Purpose Of Your Surety Bond Requirement
Your ticket reseller surety bond is a financial guarantee of your compliance with Article 25 of the Arts and Cultural Affairs Law, as amended.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in New York and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…