IA pharmacy wholesale distributor bonds.
$750. Five minutes.
Iowa licenses prescription-drug wholesale distributors through the Board of Pharmacy, and conditions the license on a surety bond. The smaller tier is a fixed $25,000 bond for distributors with $10 million or less in prior-year Iowa gross receipts — ours is $750 flat, which is 3% of the bond amount.
Trusted by industry leaders
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with your license
Your executed bond and power of attorney arrive by email, ready to file with your Board of Pharmacy wholesale distributor application or renewal. Wet-ink original mailed on request.
The whole pricing page.
$25,000 bond × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
A wholesale distributor of prescription drugs in Iowa must be licensed by the Iowa Board of Pharmacy, and the license is conditioned on a surety bond running to the State for the benefit of anyone harmed. The bond stands behind your compliance with Iowa pharmacy law and the payment of any fines, fees, or restitution you owe.
The amount is tiered to your size: a distributor whose prior-year Iowa gross receipts were $10 million or less posts a $25,000 bond; at or above $10 million, the bond is $100,000. An irrevocable letter of credit is an accepted substitute, and a government-owned distributor is exempt.
It is not insurance for you. If the surety pays a claim, you repay the surety. Distributors who keep their license in good standing and pay what they owe treat the bond as a licensing formality, and we keep your $25,000 filing continuous with renewal notices 60 and 30 days out.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this fixed-amount bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Iowa pharmacy wholesale distributor bond? +
Do I pay the $25,000? +
Which tier am I in? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your license checklist today.
$750 flat, five-minute application, bond often issued in the same sitting. Free until issued.