Mississippi $100,000 drug facility bonds.
$1,000 flat.
To obtain or renew a pharmaceutical drug facility permit from the Mississippi Board of Pharmacy, a facility must provide evidence of a surety bond. The standard amount is $100,000; only a facility whose prior-tax-year gross receipts were $10 million or less drops to the smaller tier. Ours is $1,000 flat.
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How much does a Mississippi $100,000 drug facility bond cost?
$1,000 at the $100,000 amount, the same for every applicant.
Three steps. One sitting.
The permit file is long. The bond is not — here is the whole bond side of it:
Apply online
Facility details, years in business, a short set of commercial questions, owner information, and an effective date — plus a one-time consent authorizing a soft credit inquiry.
Pay & e-sign
The soft inquiry informs approval and never affects your score. Most facilities are approved right after purchase; a six-figure amount can draw a brief underwriter look, and at most this takes 1–2 business days.
File with the Board of Pharmacy
Your executed bond and power of attorney arrive by email, ready to upload as the evidence of surety your permit application or renewal requires. Wet-ink original mailed on request.
What it is and who needs it.
What the drug facility bond actually guarantees
Every facility that engages in the wholesale distribution of prescription drugs, active pharmaceutical ingredients, or devices as defined in Miss. Code Ann. § 73-21-71 — manufacturing in the state, distributing into it, selling or offering to sell in it, or distributing from or within it — must register annually with the Mississippi Board of Pharmacy. The permit types run wider than the word “wholesaler” suggests: manufacturer, virtual manufacturer, wholesaler, virtual wholesaler, third-party logistics provider, repackager, outsourcer, reverse distributor, private label distributor, and veterinary wholesaler each sit under the same permit rule.
Article XXXII of the Board’s regulations makes the bond a condition of getting or keeping that permit: an applicant must provide evidence of a surety bond in the amount of $100,000 — reduced to $25,000 only for a facility or business whose annual gross receipts totalled $10,000,000 or less for the previous tax year — or other equivalent means of security acceptable to the State. Which tier you file is a function of last year’s receipts, not of your permit type, so a fast-growing distributor can cross the line between one renewal and the next.
The bond runs to the State of Mississippi for the Board’s benefit, and it backs the facility’s compliance with the Pharmacy Practice Act and the Board’s rules — including administrative penalties and the Board’s costs of enforcement where the permit-holder fails to pay them. It is not insurance for you: if the surety pays, you repay the surety. Keep it continuous, because the permit is annual and a renewal application that is not approved before the permit expires stops your Mississippi operations until it is.
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 $100,000 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; a longer term is the same price per year, chosen at checkout.
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. Your executed bond and power of attorney arrive by email, ready to upload as the evidence of surety your permit application or renewal requires. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $1,000 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application: approved instantly, or after a quick credit check.
These are the actual underwriting fields, including the commercial questions, owner details, and a one-time consent that authorizes a soft credit inquiry only. The inquiry never affects your score.
Start the application →Common questions.
Other Mississippi bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Clear the surety line on your permit renewal.
$1,000 flat, a $100,000 penal sum, soft pull only, e-signed and ready to upload. Free until issued.