ME aquaculture lease bonds.
$275. Five minutes.
Maine's Department of Marine Resources can require an aquaculture lease holder to post a $5,000 bond under Title 12 to cover the State's cost of removing equipment and stock if a lease is abandoned. Ours is $275 flat — our minimum premium, since 3% of $5,000 is below it. No credit check on this bond.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details, the location of your Maine aquaculture lease, and an effective date. That's the application — no financials, no credit check section.
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 Marine Resources
Your executed bond and power of attorney arrive by email, ready to file with the Department of Marine Resources. Wet-ink original mailed on request.
The whole pricing page.
$5,000 bond × 3% = $150, which falls under our $275 minimum — so you pay $275. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Maine's Department of Marine Resources issues aquaculture leases — for shellfish, finfish, and seaweed operations in coastal waters — under Title 12. A condition of some leases is a surety bond that backs the public cost of cleaning up after a lease ends or is abandoned.
Under 12 M.R.S. §6086, if a lease holder leaves equipment or stock behind and the State has to remove it, the State can recover its removal costs against any bond the lease holder posted. A $5,000 bond is a common amount for that purpose.
It is not insurance for you — if the State recovers removal costs against the bond, you repay the surety. The bond stays in place for the life of your lease, so we track it and notify you 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 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 Maine aquaculture lease bond? +
Do I pay the $5,000? +
What does the bond cover? +
Is there a credit check? +
Do all aquaculture leases need this bond? +
Other New York bonds.
Aquaculture lease bond, issued today.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.