What is the purpose of the Arkansas Coin Amusement Machines Bond?
The Arkansas Coin Amusement Machines Bond is required by the Arkansas Commissioner of Revenue under Arkansas Code Section 26-57-411, Act 533 of 1977, in the amount of $6,000. Because every person or company operating coin operated amusement machines is required to pay the Commissioner of Revenues an annual privilege fee at the rate of $5 for each machine located within the State of Arkansas. This bond functions in addition to an Operators Permit to ensure the State and the Commissioner that the machine operator will faithfully perform such obligations and duties.
- Complete the combined registration form
- Complete the AR-1R-AMU
- Pay the amount due. For 1-3 machines, the amount is $500 for the permit. For more than four machines, the amount is $1,000 for a permit.
How do I obtain an Arkansas Coin Amusement Machines Bond?
Surety Solutions Insurance Services Inc was established in 2003. Although our headquarters are located in California, we are actually licensed in all 50 states. We have also partnered with several surety markets to ensure that we would only offer the best rates for all our clients. Our application processing time is also very fast, with some applications taking just a business day to get approved!
If you wish to get this surety bond from us, please fill out and submit an online application form. You will then be contacted by our licensed agents who will give a no-obligation quote for your bond. If you find the price to your satisfaction, just pay the said amount and sign all the paperwork. We will then send the surety bond through USPS Priority Mail or overnight delivery.
With an A+ rating from the Better Business Bureau, you can only expect the best service from us here at Surety1.