Manassas, VA — Pawnbroker Bond
For a Manassas City pawnbroker, Virginia law calls for a surety bond of at least $50,000 before licensing or operating. The Southern Agency’s listing concerns that pawn-business security—not a general secondhand-shop credential or automatic permission to open a location.
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- Recorded state
- Virginia
- Category
- Professional & occupational licenses
What this bond does
Section 54.1-4003 secures payment of qualifying judgments for a licensed pawnbroker’s misconduct. The State framework puts licensing with the locality under circuit-court authority; the accepted City request still controls the instrument’s formal recipient and execution.
- Who needs it
- The natural-person pawn license applicant and the actual shop in Manassas City. Virginia’s definition includes lending against pledged tangible property and conditional purchase/sell-back transactions. A company name or another locality’s business licence is not a substitute for the named applicant and designated premises.
- Who it protects
- A person with a judgment against a licensed pawnbroker for misconduct may act in their own name on the security if execution on that judgment is wholly or partly unsatisfied. This is the statutory judgment-and-execution condition, not an automatic payout whenever a customer complains.
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
- Virginia LIS: current Chapter40, relevant Sections54.1-4000–4003 (opens in a new tab)Checked October 21, 2026
- Manassas City: current Commissioner of Revenue business licences (opens in a new tab)Checked October 21, 2026
Have these ready
- Named natural-person licence applicant, any business style and designated shop building.
- Actual Manassas City pawn request, separate from other localities and general BPOL paperwork.
- Current $50,000 statutory minimum and exact accepted sum, recipient and document.
- Accepted dates/execution and understanding of the misconduct-judgment/unsatisfied-execution condition.
Questions about this bond
Should I identify only the corporation or shop name?
Do not assume so. Section 54.1-4001 describes a natural-person pawnbroker licensee and a designated building. Follow the accepted applicant/principal wording and include the relevant business style and premises rather than replacing the licensed person with a trade name.
When can someone act on the statutory security?
Section 54.1-4003 requires a judgment against a licensed pawnbroker for misconduct and execution that is wholly or partly unsatisfied. The judgment creditor may then bring an action in their own name. A complaint alone is not that condition.
Does the City’s annual business renewal establish the bond period?
No. BPOL renewal and the accepted surety instrument are distinct. This option has no term label; match the actual licensing request and instrument dates rather than inferring a year from the business-tax calendar.