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Colorado bonds

City And County Of Denver, CO — Auctioneer Bond

Prepare Denver's City and County auctioneer license security with the right principal, City form and license dates.

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Recorded state
Colorado
Category
Business operations & taxes

What this bond does

Denver's posted License Bond Auctioneer names the City and County of Denver as recipient and a $2,000 penal sum. It addresses Chapter 9 compliance, specified damages and protection of the City associated with the auctioneer license.

Who needs it
An applicant or renewing license holder within Denver's auctioneer program. The City describes public-outcry sales of personal property and real estate and says it does not offer a temporary auctioneer license.
Who it protects
The undertaking includes fines, penalties and costs under the stated provisions, damages for the described violations or fraudulent/negligent acts, and an indemnity to the City and its officials or employees. It is not the auctioneer's own property or business-income policy.

Your bond option

This is the option on record for this bond.

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.

Check calendar-year fields and continuing-renewal language

The form has calendar-year license fields and a December 31 expiration provision. It also says the bond continues over subsequent license renewals, subject to its cancellation terms. Check how the issued dates and renewal file must be completed rather than treating one phrase as permission to ignore the other.

Cancellation requires the stated ninety-day notice to the licensing director and City clerk and does not discharge accrued liability. That notice period is not an available ninety-day bond term or a temporary auctioneer license.

Purchase Now opens Propeller. Provide the actual principal, City form and licensing instructions, then check the issued undertaking and attorney-in-fact's certified authority. File through the City's directions; an issued bond alone does not authorize the auction or establish City acceptance.

Sources

Have these ready

  1. Identify the Denver applicant and whether this is a new or renewal file.
  2. Have the City's auctioneer undertaking and current licensing directions.
  3. Confirm the license period and how the continuing-renewal language applies to the file.
  4. Review principal/surety execution and the attorney-in-fact's certified authority.
  5. Keep City licensing acceptance separate from provider issuance.

Questions about this bond

Can I buy this for a temporary Denver auctioneer license?

The City's auctioneer page says it does not offer a temporary auctioneer license. Confirm the actual permission needed for the activity rather than assuming a short event changes the licensing route.

Does continuing coverage mean the license-date fields can be ignored?

No. The posted instrument includes both calendar-year/December 31 language and continuation over subsequent renewals. Have the issued dates and renewal handling checked against the City's directions.

Does the bond cover only unpaid consignor proceeds?

No. The posted Denver condition includes stated code compliance, damages and City indemnity provisions. Read the actual instrument; do not substitute a narrower generic proceeds-only form.

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