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Montana textbook dealer bonds.
From $100.

A dealer licensed to supply textbooks to Montana school districts files a surety bond with the Superintendent of Public Instruction. The amount is set by the superintendent between $2,000 and $10,000 under MCA 20-7-604. Pricing starts from $100, with your exact price shown at the application — no credit check up to $10,000.

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Required for a textbook dealer license from the Superintendent of Public Instruction under MCA 20-7-604
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Amount is set by the superintendent, $2,000 to $10,000 — never less, never more
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From $100 — pricing is 2% of the bond amount, $100 minimum; enter your required bond amount to see your exact price at application
From $100depending on bond amountInstantapproval for mostNo credit check up to $10,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Montana textbook dealer bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard textbook dealer bond — enter your amount, see your price, pay, and you have the executed bond. Here is the whole thing:

TODAY · ONLINE

Apply online

No credit check up to $10,000.

INSTANTLY

Issued on the spot

Most applications approve instantly — the executed bond is generated as soon as you pay.

SAME DAY

File with the Superintendent of Public Instruction

Submit the executed bond with your textbook dealer license application and written supply agreement. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the textbook dealer bond actually covers

Montana licenses textbook dealers who supply books to school districts through the Superintendent of Public Instruction under MCA 20-7-604. As a condition of the license, the dealer signs a written agreement to supply textbooks at uniform listed prices, never charging Montana districts more than the dealer charges elsewhere in the U.S., and to pass national price reductions through.

The dealer also files a surety bond conditioned on faithful performance of those textbook-supply duties. The amount is set by the superintendent and may be no less than $2,000 and no more than $10,000 — a deliberately small range, so the premium usually lands at or near our $100 minimum.

It is a three-party guarantee — you (the principal dealer), the surety, and the State of Montana through the superintendent (the obligee), for the benefit of school districts. If a dealer breaks the price or supply terms and a district is harmed, it can recover against the bond. If the surety pays, the dealer repays the surety.

MCA 20-7-604 (Superintendent of Public Instruction)MCA 20-7-604 conditions a textbook dealer license on a written supply agreement (uniform list prices, no higher than elsewhere in the U.S., with national reductions passed through) and a surety bond conditioned on faithful performance of textbook-supply duties. The bond amount is set by the superintendent of public instruction and may not be less than $2,000 or more than $10,000. Confirm the amount the superintendent set on your license.

You need this bond if you are

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A publisher or textbook distributor licensing to supply Montana school districts
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Applying for a textbook dealer license with the Superintendent of Public Instruction
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Renewing a dealer license and your current bond is expiring or non-renewing
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Entering the Montana school market and filing the required supply agreement and bond
After you buy

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 Superintendent of Public Instruction. Submit the executed bond with your textbook dealer license application and written supply agreement. Wet-ink originals mailed on request.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $10,000. 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 the superintendent set — see your exact price, and the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Montana textbook dealer bond?Pricing is 2% of the bond amount the superintendent set, with a $100 minimum. The bond is set between $2,000 and $10,000, so most dealers land at or near that minimum. Your exact price appears at the application.
Who sets the bond amount?The Superintendent of Public Instruction, within the statutory range of $2,000 to $10,000 under MCA 20-7-604. Your license paperwork states the figure — send it to us and we’ll confirm.
What does the bond guarantee?Your faithful performance of the textbook-supply duties in your written agreement — uniform list prices, no higher than elsewhere in the U.S., with national price reductions passed through. If you break those terms and a district is harmed, it can recover against the bond.
Is there a credit check?No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
Why does the price start at $100 on a small bond?Our minimum premium on any bond is $100 — the floor we charge, regardless of how small the bond amount is. Because this bond tops out at $10,000, most textbook dealers land right at or near that minimum. Your exact price is shown at the application.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Textbook dealer bond, issued today.

Pricing from $100. Enter the amount the superintendent set, see your exact price, and file the same day.

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