Washington Lummi Nation fish buyer bonds.
From $100.
The Lummi Indian Business Council requires a commercial buyer of fish or shellfish from Lummi fishers to post a bond for its Buyers License under § 10.08.040 of the Lummi Nation Code of Laws. The bond is the greater of $20,000 or 200% of the buyer’s prior-season tribal tax. The premium is 0.5% of the bond amount, $100 at the $20,000 minimum.
Trusted by industry leaders
How much does a Washington Lummi Nation fish buyer bond cost?
0.5% of the bond amount, from $100 at the $20,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard fish buyer bond — enter your amount, pay, and file with the LIBC Accounting Department. Here is the whole thing:
Apply online
Your business details, the bond amount your Buyers License requires, and the effective date — that is the application. No credit check up to $10,000.
Issued on the spot
No credit check up to $10,000 — not even a so the bond issues as soon as you pay.
File with the LIBC Accounting Department
Submit the executed bond referenced in your Buyers License application. Wet-ink originals mailed whenever the Nation insists.
What it is and who needs it.
What the fish buyer bond actually covers
The Lummi Indian Business Council licenses every commercial fish and shellfish buyer purchasing from Lummi fishers, on or off the reservation, under Chapter 10.08 of the Lummi Nation Code of Laws (Title 10, Natural Resources Code). A Buyers License is conditioned on the buyer holding a bond under § 10.08.040 before the license is issued — the code states the bond’s purpose plainly: to ensure that all required taxes and surcharges are received by the Nation.
The bond amount is the greater of $20,000 or 200% of the tribal tax the buyer collected, or should have collected, during the preceding fishing season. A buyer with no purchase history posts a bond equivalent to the tax that could be collected on three months of expected purchases instead. It stands behind the buyer’s obligation to withhold and remit the 6% tribal tax on fish and shellfish purchased from Lummi fishers, reported on Treaty Indian Fish Receiving Tickets and paid within the code’s deadlines.
It is a three-party arrangement: the buyer (the principal), the surety carrier, and the Lummi Nation, through the LIBC Finance Director and Accounting Department in consultation with the Fisheries Commission (the obligee). If a buyer falls behind on tax payments, the Nation can recover against the bond — unpaid taxes and surcharges are grounds for revocation or suspension of the Buyers License, and a new license will not issue until the prior balance is cleared or a payment plan is agreed.
You need this bond if you are
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 LIBC Accounting Department. Submit the executed bond referenced in your Buyers License application. Wet-ink originals mailed whenever the Nation insists.
What sets the price
The premium is 0.5% 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 your Buyers License requires — no credit check up to $10,000.
Start the application →Common questions.
Other Washington bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Buyers License bond, issued today.
0.5% of the bond amount, $100 at the $20,000 minimum. Enter your amount and file with the LIBC the same day.