Caribou, Maine, ME — Pawn Broker License Bond
Caribou’s currently linked pawnbroker application says the applicant will furnish a $300 bond if the license is granted. Prepare the shop’s location, applicant and D/B/A before applying through The Southern Agency. The City’s application is not the bond itself, and its accepted financial condition still needs to be confirmed.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Maine
- Bond type
- Pawnbroker Bond
- Category
- Professional & occupational licenses
What this bond does
Provide the $300 undertaking identified in Caribou’s application for a municipal pawnbroker license. The application goes to the municipal officers and provides for issuance upon approval of the City Manager or designee; completing a purchase is not that approval.
- Who needs it
- The applicant conducting pawn brokering at the stated Caribou business location. Pawn lending against pledged property is different from buying secondhand articles outright: the City lists separate applications for those activities.
- Who it protects
- The City application establishes the $300 requirement, but it does not print the financial instrument’s protected party, secured conduct, or claim condition. Get the City’s accepted instrument before choosing that wording. Do not treat it as insurance for the shop’s own merchandise.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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
- City of Caribou: licenses and separate pawnbroker/secondhand applications (opens in a new tab)Checked October 22, 2026
- City of Caribou: Application for a Pawn Broker’s License (opens in a new tab)Checked October 22, 2026
- Maine Title 30-A §3961: municipal pawnbroker license (opens in a new tab)Checked October 22, 2026
- Maine Title 30-A §3962: pawn records and consumer disclosures (opens in a new tab)Checked October 22, 2026
Have these ready
- Caribou shop address, applicant identity, D/B/A and the City’s pawnbroker application—not the secondhand-articles form alone.
- Municipal application/approval status and its own sworn-signature instructions.
- City’s accepted $300 financial instrument, exact principal/recipient/condition, dates and execution/submission directions.
- Issued document and municipal filing materials, with the one-year license period kept separate from the financial dates.
Questions about this bond
Is the $300 figure actually in the City’s material?
Yes. The pawnbroker application currently linked from Caribou’s licensing page says the applicant will furnish a $300 bond if a license is granted. It does not print the separate financial condition, protected party or period; obtain that instrument too.
Can I use the secondhand-dealer application instead?
The City lists separate applications for pawnbrokers and dealers in secondhand articles. Use the filing for the actual activity. A business that both lends against pledged property and buys goods should not assume one label resolves every municipal filing.
Does the application’s notary block dictate the bond’s signatures?
No. It is a notary block for the municipal application’s sworn statements. Follow that application’s instructions and the separate financial instrument’s execution directions; do not copy a notary rule between documents without confirmation.
Is this automatically a one-year purchase?
No. Section 3961 describes a one-year municipal license. This Propeller choice shows no duration, so the accepted financial request and issued dates must establish its period.