LA auction business bonds.
$750. Five minutes.
Louisiana licenses an auction business through the Auctioneers Licensing Board and conditions it on a $25,000 surety bond in the form the board approves. Ours is $750 flat — 3% of the bond amount — and license bonds like this are the fastest thing we issue.
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
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with the Auctioneers Licensing Board
Your executed bond arrives by email, ready to file with your auction business license 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
The Louisiana Auctioneers Licensing Board licenses both individual auctioneers and auction businesses. The board conditions an auction business license on a $25,000 surety bond filed in the form it approves — a larger figure than the $10,000 bond a single auctioneer posts.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Louisiana for the use of harmed buyers and sellers (the protected parties). If an auction business violates the auctioneer law or mishandles sale proceeds, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. A Louisiana-licensed resident auctioneer who has already posted a performance bond may be able to run an auction business without a second bond, so confirm your situation with the board before you buy.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this 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 Louisiana auction business bond? +
Is this the same as the auctioneer bond? +
Do I pay the $25,000? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your auction business license today.
$750 flat, five-minute application, bond often issued in the same sitting. Free until issued.