IA wholesale distributor bonds.
$3,000 flat. Soft pull.
Iowa licenses wholesale drug distributors through the Board of Pharmacy, and conditions the license on a $100,000 surety bond under Iowa Code chapter 155A. Ours is $3,000 flat — 3% of the bond amount. A reduced $25,000 bond applies if your prior-year gross receipts were $10M or less.
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Three steps to licensed.
Your distributor license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
File with the Board of Pharmacy
Pay online and receive the executed bond ready to file with your wholesale distributor license application. Wet-ink originals mailed whenever the board insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time per term. The standard $100,000 amount is $3,000; the reduced $25,000 amount is $750.
What it is and who needs it.
What the bond actually guarantees
Iowa licenses wholesale drug distributors through the Board of Pharmacy under Iowa Code chapter 155A and the board’s rules (657—17). The license is conditioned on a $100,000 surety bond (or an equivalent irrevocable letter of credit), which stands behind the distributor’s compliance with Iowa drug-distribution law and the federal Drug Supply Chain Security Act.
A reduced $25,000 bond is available to a distributor whose annual gross receipts from the previous tax year were $10 million or less. A government-owned wholesale distributor is exempt from the bond requirement. If you qualify for the reduced amount, tell us and we’ll issue $25,000.
The bond is filed for the benefit of the state and guarantees the distributor’s compliance with Iowa Code chapters 124, 126, and 155A and the board’s rules. If the distributor violates that law and the surety pays a claim, the distributor repays the surety — it is not insurance for the distributor.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $100,000? +
Can I file the reduced $25,000 bond? +
Who requires this bond? +
Is there a credit check? +
What does the bond guarantee? +
Other New York bonds.
The Board of Pharmacy is waiting on one document.
$3,000 flat (or $750 reduced), five-minute application, e-signed bond in 1–2 business days. Free until issued.