The Division of Wildlife for the state of Colorado regulates the licensing and business conduct of licensed wildlife agents and agencies.
As a condition of licensing, you are required file the appropriate surety bond amount with the Division.
The amount of the Colorado wildlife agent bond is, initially, for newly licensed agents, a $2000 surety bond.
The premium amount for the $2000 surety bond amount is just $100, and is provided to you after completion of a standard surety bond application and your payment of the premium.
Subsequent amounts are determined based upon your sales.
For new agents or agencies, the subsequent amount of bond will be determined after your first 12 months; and for existing agencies, the bond amount will be enough to cover the 10 highest, consecutive sales days within your surety bonding period.
If you are licensed as a Consolidated agent, according to regulations, you will be required to be licensed in amount to cover each outlet as if you were licensed individually.
More information can be found on Chapter W-15, Division of Agents.
The Colorado wildlife agent bond is typically provided with a bond term of just one year from the date of issuance; however, you may be required to adjust your bond to levels matching your sales. According to the Division, adjustments, if required, will occur on the first days of January, April, July, and October of each year.
Subject to a $100 minimum, the premium for the wildlife agent bond is typically for many amounts a $100 annual premium.
Even at $50,000, if you qualify, the bond’s premium may be as little as just $200.
The Purpose of Your Surety Bond Requirement
The purpose of this surety bond requirement is a financial guarantee which ensures that all money due to the Division of Wildlife, will be remitted in a timely and practical manner.
This includes payments and remittances to be sent to the Division after the 15th of each month.
The bond also financially guarantees that, if required, you will return all property to the Division, which includes any related books and other items as may be required by Division rules.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, fiduciary and court surety bonds throughout Colorado.
Our agency also provides surety bonds nationwide.
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