Lapeer secondhand & junk dealer bonds.
1% of the bond amount.
The City of Lapeer requires a secondhand or junk dealer to file a $3,000 surety bond before the Mayor and City Commission will approve a license, under Chapter 20 (Business Licenses and Regulations), §§ 20.00 and 20.03 of the City Code, implementing the state secondhand-dealer statute. The premium is 1% of the bond amount, $100 minimum, and the application includes a credit consent that authorizes a soft pull only.
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Apply to filed in one sitting.
No underwriting queue for the standard Lapeer dealer bond — apply, pay, and file with the City Clerk. Here is the whole thing:
Apply online
Your business details and an effective date — the bond amount is already set by ordinance at $3,000, so there is nothing to size.
Issued on the spot
The one-time credit consent authorizes a soft pull only, and most dealer bonds like this issue the moment you pay.
File with the City Clerk
Submit the executed bond and power of attorney with your secondhand/junk dealer license application for Mayor and Commission approval. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The City of Lapeer licenses secondhand and junk dealers under Chapter 20 (Business Licenses and Regulations) of its Code of Ordinances, implementing Michigan’s 1917 secondhand-dealer statute. Before the Mayor and Commission will approve a license, the applicant must file a $3,000 surety bond alongside a $150 annual fee, a criminal-background-check consent for the business and its agents, and a listing of the secondhand goods dealt in.
It is a compliance-and-consumer-protection guarantee to the city: a three-party arrangement between you (the principal), the surety carrier, and the City of Lapeer (the obligee). If a dealer trades in stolen or unreported goods, fails required recordkeeping, or otherwise violates Chapter 20, the city can look to the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond runs alongside the license on an annual cycle; dealers who keep clean records treat it as a licensing formality, not a risk.
You need this bond if you are
One application, issued on the spot.
These are the actual issuing fields — the one-time credit consent authorizes a soft pull only, never a hard inquiry.
Start the application →Common questions.
Other Michigan bonds.
Finish your Lapeer dealer license today.
1% of the bond amount, $100 minimum, soft pull only. Free until issued.