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.
















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:
Your business details, the bond amount the Board required, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond on the form the Board prescribes with your warehouse charter. Wet-ink originals mailed whenever the state insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the deficiency the Board set and the premium updates.
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.
Submit the application with the bond amount the Board set — the executed bond is generated instantly, ready to file.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount the Board required and file the same day.