1 (844) 589-9732

California Pawnbroker Bond

The California pawnbroker bond is a $20,000 surety bond offered by AmeriPro Surety Bonds. Our agency now offers this bond for a flat fee, with the option to prepay up to 3 years. Please call our agency now at 844-589-9732.

California Pawn Shop Bond| AmeriPro Surety Bonds | 844-589-9732

 

 

 

California Pawn Shops

 

UPDATE June 2019:  The $20,000 California pawnbroker surety bond is now available for $150 a year, with no credit inquiry.  The $20,000 surety bond may also be prepaid for 3 years, with pricing of $270 if prepaid for 2 years, and $390 if prepaid for 3 years.  

 

California pawn shops and dealers were formerly regulated by the Department of Justice.  Since 2009, they fall under the jurisdiction of the California Secretary of State.

A pawn broker is defined by the Secretary of State as, “Every person engaged in the business of receiving goods, including motor vehicles, in pledge as security for a loan is a pawnbroker within the meaning of this division.”

Along similar lines, the CA Secretary of State defines a secondhand dealer as, “…any person copartnership, firm or corporation whose business includes buying, selling, trading, taking in pawn, accepting for sale on consignment, accepting for auctioning, or auctioning secondhand tangible personal property.”

The definition goes on to mention that coin dealers are excluded from this definition.

And. whereas pawn shop brokers are required to purchase and maintain on file with the Secretary of State a surety bond, secondhand dealers are not.

 

 

 

California Pawn Shop Surety Bond:

 

 

 

Pawn shop brokers in California are required to maintain a $20,000 non-revocable surety bond, issued to the benefit of the California Secretary of State,

OR,

A $100,000 surety bond for each location where a pawn dealer has an office if they do not have $100,000 in readily available liquid assets.

Both surety bonds are issued for a period of 2 (two) years, after which the surety bond must be renewed.

 

 

 

Who the California Pawnbroker Bond protects

 

 

 

The California pawnbroker bond protects a pledgor’s interest in tangible property which has been pledged.

When the terms for return of the property have been met and not complied with by the pawn dealer, this bond serves as a protection of the pledgors’ interests.

This surety bond, then, protects pledgors from criminal, fraudulent, and other acts of malfeasance committed by a pawn dealer once it has been established that the pledgor of property has met all conditions for return of the same.

 

 

 

Getting your California pawnbroker bond:

 

 

 

AmeriPro Surety Bonds will walk you through our simple application to have your pawn dealer surety bond issued.  Of course, you will pay only a fraction of the premium bond.

The premium amount of the surety bond will depend on two main criteria:

  • The face dollar amount of the surety bond (i.e. $20,000 or $100,000, or more, depending on the number of locations)
  • Your credit scoring.

 Applicants with optimal credit scoring will only pay a small percentage of the surety bond face value.

 

 

AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bond only agency providing license and permit, contract, and court surety bonds for all 50 states.

Call us today for your California pawn dealer bond:

844-589-9732

 

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

 

 

 

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Indiana Replevin Bond

Indiana Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Indiana Action of Replevin; Surety Bond and Purpose       An replevin action takes place in a civil litigation proceeding. The Plaintiff, permitted by order of the presiding...

Illinois Probate Bond

Illinois Probate Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Probate is the legal process of “proving” a will. Probate may also be required when a decedent is intestate, that is, dies without a will, to...

Illinois Replevin Bond

  Illinois Replevin Bond AmeriPro Surety Bonds | 844-589-9732     Surety Bond; Purpose And Amount       An action of replevin, alternately referred to as a “writ of attachment” or sequestration, occurs when a Plaintiff, in a civil...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)