WI Rx wholesale distributor bonds.
$275. Five minutes.

Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services and conditions the license on a $5,000 surety bond. At our flat 3% that's below our floor, so it's priced at our $275 minimum — and the application is five minutes.

Required for your WI wholesale distributor license — filed with DSPS on form fm2819
Fixed $5,000 amount — set by Phar 13, priced at our $275 minimum
Surety bond or letter of credit — a bond is usually the cheaper option
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with DSPS

Your executed bond arrives by email on the format DSPS accepts (form fm2819), ready to file with your wholesale distributor license application. Wet-ink original mailed on request.

The whole pricing page.

$5,000 bond × 3% = $150, below our $275 minimum, so you pay $275, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$275
2-year term
$550
3-year term
$825
About this bond

What it is and who needs it.

What the bond actually guarantees

Wisconsin licenses prescription-drug wholesale distributors through the Department of Safety and Professional Services (under the Pharmacy Examining Board's rules). The license is conditioned on a $5,000 surety bond — or an irrevocable letter of credit — from a company authorized to do business in Wisconsin.

The bond is a state-reimbursement guarantee: it's conditioned so the state is fully compensated for fees or costs tied to the license that go unpaid for more than 30 days after they become final. The state is the protected party; you (the principal) and the surety stand behind the obligation.

The bond runs for the life of your unexpired license (or until the surety terminates), and a claim can be made up to one year after the license expires or the bond terminates. If the surety pays, you repay the surety — it is not insurance for you.

Wis. Stat. § 450.071; Phar 13Wisconsin prescription-drug wholesale distributors are licensed under Wis. Stat. § 450.071 and the Pharmacy Examining Board rules in Wis. Admin. Code ch. Phar 13, administered by the Department of Safety and Professional Services. The applicant must provide a $5,000 surety bond or irrevocable letter of credit (DSPS form fm2819), conditioned to secure payment of unpaid license-related fees or costs, with claims available up to one year after the license expires or the bond terminates.

You need this bond if you're

Applying for a WI wholesale distributor license — for prescription drugs
Renewing your DSPS license and your current bond is expiring or non-renewing
A corporation distributing into Wisconsin that needs the in-state bond on file
Replacing a letter of credit with a cheaper surety bond

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

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

How much is the Wisconsin Rx wholesale distributor bond? +
You pay $275 — our minimum premium. The bond is fixed at $5,000, and 3% of that ($150) falls below our minimum, so the price floors at $275. Same for every distributor.
Do I pay the $5,000? +
No. You pay $275. The $5,000 is the surety's maximum exposure to the state if license fees or costs go unpaid — it's not a deposit, and nobody holds your money.
Can I post a letter of credit instead? +
The rule accepts a surety bond or an irrevocable letter of credit. A surety bond is usually cheaper — you pay the $275 premium rather than tying up $5,000 in bank collateral.
Is there a credit check? +
Not on this bond — the application has no credit section. Small fixed-amount license bonds like this one don't need one.
How long is a claim possible after I close? +
Under the rule, a claim can be made against the bond up to one year after your license expires or the bond is terminated. Keep that in mind when timing a non-renewal.
Related bonds

Other New York bonds.

DSPS is waiting on one document.

$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$275
Apply now →