Midvale pawn / secondhand bonds.
$100 flat.
The City of Midvale requires every pawn shop and secondhand dealer to post a $1,000 bond before it issues or renews the license. Ours is $100 flat — the price you see is the checkout price. No credit check.
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How much does a Midvale pawn / secondhand bond cost?
$100 at the $1,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. No financials, no credit check.
Pay & e-sign
License bonds like this issue right after purchase for most applicants.
File with your license
Your executed bond and power of attorney arrive by email, ready to file with your Midvale business license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A pawn / secondhand dealer bond is a compliance and consumer-protection guarantee. Pawn shops and secondhand dealers handle goods that may be stolen, so Midvale wants a financial backstop that you'll follow the rules — reporting transactions, documenting goods, holding periods, and refusing stolen property.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Midvale (the obligee), with the public protected. If you violate the city's pawn and secondhand ordinance, a harmed party or the city can recover against the bond.
No bond, no license. Midvale won't issue or renew the license without it, so we issue the executed $1,000 bond ready to file and track renewals so your license stays current.
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 your license. Your executed bond and power of attorney arrive by email, ready to file with your Midvale business license application or renewal. 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.
Other Utah bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Midvale license checklist today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.