OK commodity warehouseman bonds.
Flat 3%. Enter your amount.

A state-chartered Oklahoma public commodity (grain) warehouse that falls short of the required net worth can make up the gap with a surety bond payable to the State Board of Agriculture under 2 O.S. §9-22. The Board sets the amount to your deficiency — we issue it at a flat 3% with no credit check.

Required under 2 O.S. §9-22 for a state-chartered commodity warehouse with a net-worth deficiency
Amount equals your net-worth shortfall as computed from your chartered storage capacity
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard warehouse bond — enter your amount, pay, and file with the State Board of Agriculture. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your business details, the bond amount the Board required, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

File with the State Board of Agriculture

Submit the executed bond on the form the Board prescribes with your warehouse charter. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the deficiency the Board set and the premium updates.

$25,000 bond
$750
$50,000 bond
$1,500
$100,000 bond
$3,000
About this bond

What it is and who needs it.

What the warehouse bond actually covers

Oklahoma charters public commodity warehouses — grain elevators and similar storage facilities — through the Oklahoma Department of Agriculture, Food, and Forestry under Title 2. To hold a charter, a warehouseman must prove a net worth tied to chartered capacity (roughly twenty-five cents per bushel for the first four million bushels, but not less than $50,000).

When net worth falls short of that figure, 2 O.S. §9-22 lets the warehouseman make up the difference with a surety bond, certificate of deposit, or irrevocable letter of credit, in an amount equal to the deficiency. The bond is filed and made payable to the State Board of Agriculture for the benefit of all persons storing commodities with the warehouse.

It guarantees the warehouseman will fulfill its obligations — honoring receipts and returning or paying for stored grain. If the warehouse fails and depositors are harmed, they can recover against the bond; if the surety pays, the warehouseman repays the surety. We issue the deficiency amount at a flat 3% with no credit check.

2 O.S. §9-22 (State Board of Agriculture)Under 2 O.S. §9-22, a state-chartered Oklahoma warehouseman must maintain a net worth tied to chartered capacity (not less than $50,000), and may cover a deficiency with a surety bond, certificate of deposit, or irrevocable letter of credit equal to the shortfall, filed and made payable to the State Board of Agriculture for the benefit of persons storing commodities. Confirm your required amount on your charter application.

You need this bond if you are

Chartering a public grain warehouse in Oklahoma with a net-worth deficiency to cover
Renewing a warehouse charter the Board conditions on a deficiency bond
Expanding chartered capacity that raises your required net worth above your assets
Replacing security after a prior bond, CD, or letter of credit was released

Five minutes, issued on the spot.

Submit the application with the bond amount the Board set — the executed bond is generated instantly, ready to file.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Oklahoma commodity warehouse bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself equals the net-worth deficiency the State Board of Agriculture is requiring you to cover, computed from your chartered storage capacity. Enter that figure and the quote updates.
Do all warehousemen need this bond? +
No. A warehouseman that meets the net-worth requirement (not less than $50,000, scaled by chartered capacity) does not need to post security. The bond is for covering a deficiency — confirm your figure with the Board.
Is there a credit check? +
No — the warehouse bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
Can I use a CD or letter of credit instead? +
Yes — 2 O.S. §9-22 accepts a surety bond, certificate of deposit, or irrevocable letter of credit. A surety bond is usually the cheapest, since you pay the 3% premium rather than tying up the full amount in cash or collateral.
Who is protected by the bond? +
Everyone who stores commodities with the warehouse. The bond is payable to the State Board of Agriculture for the benefit of depositors, backing the warehouseman’s obligation to honor receipts and return or pay for stored grain.
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Warehouse bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount the Board required and file the same day.

Your premium @ 3%$1,500
Apply now →