Hammond, LA — Secondhand Precious Metals Dealer / Transient Merchant Bond
The City of Hammond requires individuals operating as secondhand dealers to secure a surety bond. This requirement is part of the broader occupational license application process to ensure compliance with local city codes.
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- Recorded state
- Louisiana
- Bond type
- Peddler / Solicitor / Transient Merchant Bond
- Category
- Business operations & taxes
What this bond does
The bond serves as a financial guarantee to the City of Hammond. It protects the municipality by providing a source of coverage in the event that a secondhand dealer fails to operate in accordance with local regulations and requirements.
- Who needs it
- This bond is strictly required for business owners in Hammond, Louisiana, who identify their business activities as secondhand dealing during the occupational license application process.
- Who it protects
- The bond provides protection to the City of Hammond as the obligee. It is intended to hold the licensee accountable for their business conduct as mandated by the city ordinance.
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
- City of Hammond Occupational License Tax Application (opens in a new tab)Checked October 18, 2026
Have these ready
- Confirm your business is classified as a secondhand dealer on your Hammond Occupational License Tax Application.
- Verify your zoning status with the Hammond Planning Department before initiating the bond purchase.
- Ensure your occupational license packet is complete, including all required inspection signatures, before turning it into the Tax Office.
- Secure the 2,500.00 dollar bond in favor of the City of Hammond.
Questions about this bond
Is the 2,500.00 dollar bond amount mandatory?
Yes, if you answer yes to being a secondhand dealer on the City of Hammond Occupational License Tax Application, you must submit a bond in the sum of 2,500.00 dollars.
Does this bond replace other business licenses?
No. The bond is a specific requirement for secondhand dealers, but you must still complete the full occupational license packet, including zoning, utility, and health department approvals.
Who is protected by this bond?
The bond is issued in favor of the City of Hammond. It exists to protect the city as the obligee.
When should I submit the bond documentation?
You should include your bond documentation within your complete occupational license packet. This packet must be submitted to the City of Hammond License Department at least three weeks before your business opening date.