This bond is required by the Arkansas Commission of Revenues Act 546 of 1977, as amended by Act 911 of 1979, as amended by Act 399 of 1983. The bond ensures that the Principal will faithfully perform the duties and obligations imposed upon him under said Acts. The bond amount varies from $2,000 to $6,000, depending on the amount of vending machines in operation. The required bond amount varies and is dependent on how many machines are in operation:
(a) 1 to 30 machines, Bond Amount: $2,000
(b) 31 to 60 machines, Bond Amount: $3,000
(c) 61 to 90 machines, Bond Amount: $4,000
(d) 91 to 120 machines, Bond Amount: $5,000
(e) Over 120 machines, Bond Amount: $6,000
To determine the cost of this bond, simply complete our easy online application.
To Obtain an Arkansas Cigarette Vending Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.