Mississippi Auctioneer and Auction Firm Bonds

An Auctioneer Bond or Auctioneer Firm Bond are license bond requirements in Mississippi for those who have made application to the Mississippi Auctioneers Commission of the State of Mississippi for a license as an auctioneer or firm to engage in or continue in the business of auctioneering in accordance with the provisions of the act entitled "License and Regulate Practice of Auctioneering", Bill No.2554. The surety bond guarantees professional and ethical business conduct as an auctioneer or firm in accordance with the provisions state laws and indemnifies any person who may sustain monetary damages through misrepresentation or fraud or by violations of the terms of state laws. The surety may cancel this bond by providing ninety days written notice to the Mississippi Auctioneers Commission.