Pennsylvania State Board of Auctioneer Examiners Surety Bond Requirements

The Pennsylvania State Board of Auctioneer Examiners requires surety bonds in order for businesses or individuals in the auctioneering sector to obtain a license. Below is a list of the surety bonds relating to the Pennsylvania auctioneering industry and some basic facts about each. Two helpful resources for finding businesses or individuals in the industry who need bonds are the Pennsylvania Licensing System Verification and the Pennsylvania Auctioneers Association Auctioneer websites.

  • Trading Assistant
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Trading Assistant License
    • Cancellation Period: 60 Days
  • Special License Applicant
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Special Auctioneer License
    • Cancellation Period: 60 Days
  • Auctioneer
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Auctioneer License
    • Cancellation Period: 60 Days
  • Auction House
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Auctioneer House License
    • Cancellation Period: 60 Days
  • Auction Company
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Auction Company License
  • Apprentice
    • Bond Amount: $5,000
    • Bond Premium: $175 to $435
    • Required for: obtaining an active Auctioneer Apprentice License
    • Cancellation Period: 60 Days

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