Maryland — Grain Dealer License Bond
Arrange a Maryland grain dealer bond when using surety security for the license's financial requirement. The applicable license class determines the statutory minimum for that security route.
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- Recorded state
- Maryland
- Bond type
- Grain Dealer Bond
- Category
- Agriculture & fisheries
What this bond does
The grain dealer bond is one financial-assurance option described in Maryland's grain law. The law also provides a financial-statement route and other security instruments, so a bond is not automatically mandatory for every dealer.
- Who needs it
- Maryland grain dealers using a surety bond to satisfy the financial requirement for their license class.
- Who it protects
- The required state form defines the secured dealer duties and beneficiaries. Insurance on grain and proof of the business's finances are separate licensing considerations.
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
- Maryland Department of Agriculture: grain law, section 13-212 (opens in a new tab)Checked October 18, 2026
Have these ready
- Dealer legal name and license class.
- Anticipated grain volume and department direction.
- Required state form and class-based amount.
- Financial records and separate insurance evidence.
Questions about this bond
Must every grain dealer purchase this bond?
The law provides financial-statement and other security routes. Use the route accepted for the applicant's license.
Which classes have a $100,000 minimum security?
The published law lists that minimum for Types C and D under its security option.
Does a bond replace grain insurance?
No. Section 13-212 addresses insurance evidence separately.
Is the statutory amount my purchase price?
No. The provider quotes a premium for the required amount of security.