What is a California Produce Dealers Act Bond?
The California Produce Dealers Act Surety Bond is required by the California Department of Food and Agriculture in order to be a Produce Dealer in California. A dealer is any person who obtains title to, or possession, control, delivery of, any farm product from a licensee or producer at a designated price for the purpose of resale, or who buys or agrees to buy any farm product from a licensee or the producer of the farm at a designated price. There is no set amount as it will be determined by the changes in the nature and volume of business conducted by the applicant, but it should not be less than $10,000.
Aside from the surety bond, applicants must also submit a completed application form or agent application form; a corporate officer designation form, a copy of the business structure of the applicant and payment for all the fees.
Where can I get a California Produce Dealers Act Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety Solutions Insurance Services, Inc. (Surety1) are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.