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City of Sherman junk dealer bonds.
$100 flat.
The City of Sherman requires a junk or secondhand dealer to file a $1,000 surety bond as a condition of its dealer license. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.
Trusted by industry leaders
Three steps. One sitting.
City license bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Small fixed city bonds like this are among the thousands of bond types that issue right after purchase.
File with the City of Sherman
Your executed bond and power of attorney arrive by email, ready to file with your City of Sherman junk / secondhand dealer license. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A City of Sherman junk / secondhand dealer bond is a compliance guarantee tied to the city's secondhand goods and salvage rules. It stands behind your promise to follow the City of Sherman's dealer ordinance — including record-keeping and reporting that help the city deter the resale of stolen property.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Sherman (the obligee), with the city and the public as the protected parties. If you violate the dealer ordinance and someone is harmed, a claim can be made against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. We track the term and send renewal notices 60 and 30 days out so your Sherman license stays backed.
You need this bond if you're
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 $1,000 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 City of Sherman. Your executed bond and power of attorney arrive by email, ready to file with your City of Sherman junk / secondhand dealer license. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $1,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
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Price and requirements checked on the carrier’s application, . Page updated .
Finish your Sherman dealer license today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.