All pawnbrokers must have
a $20,000 bond which must be renewed every two years when you renew
your State Pawnbroker License. The bond(s) effective date must be the
same as on your State License and run concurrently.
FINANCIAL STATEMENTS REQUIRED
Your name on the bond as
Applicant or Principal must be the same as that on your State Pawnbroker
License. The effective date must be the same as the effective date
on your State license also. Click
HERE for Pawnbroker Bond application.
If you are a corporation, the majority stockholder (or
President if no one person owns a majority) signs as Applicant
and the Corporate Secretary signs for the corporation. Both then sign
again (along with their spouses) as Individual Indemnitors.
If you are a Sole Proprietor
or Partner, sign as Applicant, then sign again (with spouse) as Individual
& BOND TERM
Premium for the $20,000
bond is $250.00 minimum
with good credit for two years. Final premiums depend
on credit history.
make your check payable to UHLE INSURANCE TRUST ACCOUNT for the appropriate
premium(s) and return with the properly signed and completed forms to the address
below. Your bond(s) will be executed promptly and sent to you to file with your
LOCAL police authority. (Keep a copy for your records).
appreciate - and specialize - in your business! We also offer the best Pawnbroker's
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CA License #0792694
P.O. Box 16506
Encino, CA 91416-6506