Batavia, IL — Pawnbroker Bond
Batavia’s pawnbroker article calls for a $1,000 bond to the City when the local license is received. The Southern Agency’s listing is for that City request: identify the legal pawn operator and licensed location before applying, rather than treating it as general Illinois licensing or secondhand-dealer coverage.
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- Recorded state
- Illinois
- Category
- Professional & occupational licenses
What this bond does
The ordinance’s condition is due observance of Batavia’s rules respecting pawnbrokers, loanbrokers and keepers of loan offices during the license’s continuance. It is a local compliance undertaking, not an unconditional promise to replace every pledged item.
- Who needs it
- The applicant operating a Batavia business that receives property in pledge or as security for advances to the pledgor. The City application identifies the individual applicant or corporate officers and the place where the business will operate.
- Who it protects
- Section 3-5C-2(D) names the City as recipient and secures observance of its pawn/loan-office ordinances. That provision does not itself establish an automatic private-customer payout or a separate $1,000 recovery for each transaction.
Your bond option
This is the option on record for this bond.
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The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Batavia2026 S-13 Municipal Code: Chapter5, ArticleC, Pawnbrokers (opens in a new tab)Checked October 21, 2026
Have these ready
- Legal individual/corporate applicant and exact Batavia pawn-business location.
- Applicant/officer details for the actual City application—not extra Southern Agency intake.
- Current accepted City instrument with $1,000 sum and pawn/loan-office ordinance condition.
- Actual license/obligation dates and principal/surety execution before applying.
Questions about this bond
Is the recipient Illinois or the City?
The actual Batavia provision calls for a bond to the City. Match that local recipient and accepted form; do not substitute a State or another municipality’s instrument.
Is this the City’s raffle-manager security?
No. Pawnbrokers are in Article 3-5C. The separate raffle chapter has a different manager, recipient and duty. Its prize-based figures and conditions do not establish this pawn obligation.
Does the $1,000 City provision guarantee repayment of any customer complaint?
No. Its stated condition is observance of the City’s pawn/loan-office ordinances during the license. Do not treat that as an automatic refund or broad property policy; the accepted instrument governs the particular undertaking.