Maryland wholesale distributor bonds.
From $100.
A Maryland wholesale drug distributor files a surety bond with the Board of Pharmacy before it is permitted. The amount is set by your annual gross receipts — $50,000 or $100,000 — and pricing is 1% of the bond amount, with a $100 minimum, with no credit check up to $25,000 in the application. Enter your amount and the premium updates.
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How much does a Maryland wholesale distributor bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard distributor bond — enter your amount, pay, and file with the Board of Pharmacy. Here is the whole thing:
Apply online
Your business details, the bond amount your gross receipts require, and the effective date — that is the application.
Issued on the spot
Most applications approve instantly and the executed bond is generated as soon as you pay.
File with the Board of Pharmacy
Submit the executed bond with your wholesale distributor permit application. Wet-ink originals mailed whenever the Board insists.
What it is and who needs it.
What the distributor bond covers
Maryland permits wholesale drug and device distributors through the Board of Pharmacy, and conditions the permit on a surety bond. The bond secures payment of any fines or penalties the Board imposes, and any fees and costs the State incurs in connection with the permit.
It is a compliance guarantee that runs to the State of Maryland — not insurance for the distributor. If a distributor violates the law and the Board imposes a penalty, the State can recover against the bond, and if the surety pays, the distributor repays the surety.
Maryland law sets the amount by annual gross receipts: a distributor with prior-year receipts of $10 million or more posts a $100,000 bond, and one under $10 million posts $50,000. Confirm your figure, enter it here, and pricing starts from $100 — your exact price appears at the application, with no credit check up to $25,000 to fill in.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Board of Pharmacy. Submit the executed bond with your wholesale distributor permit application. Wet-ink originals mailed whenever the Board insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount your gross receipts require — the executed bond is generated instantly, ready to file with the Board of Pharmacy.
Start the application →Common questions.
Other Maryland bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Wholesale distributor bond, issued today.
Pricing from $100. Enter the amount your gross receipts require and file the same day.