1 (844) 589-9732

The California pharmacy wholesaler bond is offered as a $25,000 or $100,000 surety bond. Applicants for the $25,000 surety bond amount are approved immediately at $250, annually. Please call AmeriPro Surety Bonds today at:          844-589-9732.

California Pharmacy Wholesaler Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

Licensing of California Pharmacy Wholesalers

 

 

 

Pharmacy wholesalers in California are licensed by the State Board of Pharmacy.

In addition to completing an application, fingerprinting, and payment of any related fees, you are also required to furnish a surety bond.

The surety bond required of you is in one of two amounts:

  • A $25,000 surety bond, if your gross tax receipts for the prior year are less than $10,000,000;
  • OR, a $100,000 surety bond if your gross tax receipts are greater than $10 million. If you have been previously fined or censured by the Board, you may also be required to obtain a $100,000 surety bond; however, they will inform you of the increased requirement if applicable.

This surety bond is also required of non-resident wholesalers operating in California.

 

 

 

Qualifying and the Premium

 

 

 

Applicants for the $25,000 California pharmacy wholesaler bond are automatically approved because there is neither an underwriter review nor a credit score inquiry.

The premium for the $25,000 surety bond amount is $250 annually. We will need a completed and signed application for you as a condition of issuing your bond.

The $100,000 pharmacy wholesaler bond requires a signed application, and a review by our underwriter. A credit check inquiry is also required. Approval is based on good credit and will be $1000 annually.

For either surety requirement, we’ll need your application or license number.

Once your completed application is received and the premium paid, our agency issues you your bond; a notarized document from us as Surety; and a Power of Attorney form.

Upon receipt, you’ll sign the original document as Principal and file it to:

California State Board of Pharmacy

1625 North Market Blvd., N219

Sacramento, CA 95834

 

 

 

Premium Prepayment Options

 

 

 

Options are available to you to prepay your surety bond premium up to 3 years. Doing so offers a savings over annual premium renewals.

You may wish to bear in mind, however, that the surety bond amount required of you may change from one year to the next.

 

 

 

Purpose Of Your Surety Bond Requirement

 

 

 

The pharmacy wholesaler bond is a financial guarantee of your compliance with The [California] Pharmacy Law, as amended.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and probate bonds in all 50 states and D.C.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety 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.