Montana — Commodity Dealer Bond
Prepare your Montana commodity dealer bond with the licensed entity's exact name and the amount requested by the Department of Agriculture. Use Purchase Now to start the Propeller application through The Southern Agency.
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- Recorded state
- Montana
- Bond type
- Agricultural Products / Produce / Feed Dealer Bond
- Category
- Agriculture & fisheries
What this bond does
Support the named dealer's compliance with Title 80, Chapter 4, MCA. The cited form ties the obligation to the Department's licensing year ending June 30 while providing for continuation unless canceled under its terms.
- Who needs it
- A Montana commodity dealer arranging the security requested for its license. The cited form also names warehouse operations, so match the actual classification rather than assuming dealer and warehouse applications are identical.
- Who it protects
- The form provides security for parties protected by the dealer's statutory obligation. The surety's aggregate liability for a licensing year is limited to the amount stated in the bond; it does not provide unlimited recovery or insure the commodities themselves.
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
- Montana Department of Agriculture Commodity Dealer/Warehouse Bond Agreement (opens in a new tab)Checked October 18, 2026
Have these ready
- Have the Department's requested security amount and commodity dealer classification ready.
- Use the legal entity name and address from the license application.
- Identify the company representatives who can sign the bond after issuance.
- Keep the Department's form and execution instructions available for the later signing and filing steps.
Questions about this bond
What is the purpose of the Montana Commodity Dealer Bond?
It guarantees that the licensed commodity dealer or warehouse operator complies with the regulations established in Title 80, Chapter 4, MCA.
How long is this bond valid?
The bond is continuous in nature and covers the licensing period ending on June 30 of each year, provided it has not been canceled.
Can the surety cancel the bond at any time?
Yes, but the surety must provide 60 days of written notice to the Department of Agriculture via certified mail.
Who is the obligee of this bond?
The bond is held for the State of Montana for the benefit of all parties affected by the principal's regulatory compliance.