Pennsylvania Auctioneer Bond

A Surety Bond is required in Pennsylvania for those conducting business as Auctioneers, Apprentice Auctioneer, Auction Companies, Trading Assistants, and Trading Assistant Companies. The penal sum of the bond is $5,000 in accordance with the provisions of the Auctioneer Licensing and Trading Assistant Registration Act. The surety bond is conditioned upon compliance with the provisions of all the laws of this Commonwealth and the rules and regulations set out by the State Board of Auctioneer Examiners for the benefit of any person having cause of action under the Auctioneer Licensing and Trading Assistant Registration Act.