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West Virginia bonds

West Virginia — Auctioneer Bond

Prepare West Virginia's licensed-auctioneer security using the Department's current $25,000 instructions and original-document requirements.

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Recorded state
West Virginia
Category
Business operations & taxes

What this bond does

The Department of Agriculture's auctioneer-license page calls for a $25,000 corporate surety bond with an original raised seal and power of attorney. Code 19-2C-4 requires security satisfactory to the Commissioner in the prescribed form and amount; its $10,000 auctioneer minimum is not the Department's current stated sum.

Who needs it
The licensed auctioneer or applicant in the Department's actual auctioneer file. Do not substitute the apprentice's lower minimum or infer that an auction-house listing identifies the same principal.
Who it protects
Section 19-2C-4 conditions security on compliance with the article, payment of required public obligations and payment of final judgments for damages arising from auctioneer conduct or duties. It is not automatic reimbursement of every disputed consignment or the auctioneer's own property insurance.

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.

Use the current sum and original filing instructions

The statute sets distinct auctioneer and apprentice floors while leaving the prescribed form and amount to the Commissioner. For this licensed-auctioneer file, the Department currently instructs $25,000 corporate surety security. Do not order only the statutory minimum without matching the actual request.

The Department lists by-mail processing, an original raised-seal bond and power of attorney. Its annual registration runs July 1 through June 30. Match the issued coverage dates to the actual file; a downloaded provider confirmation is not itself the original filing or a selected full-year term.

Purchase Now opens Propeller. Confirm the auctioneer's principal, accepted State form, current sum, dates and surety execution before submitting. Provider completion does not issue the Department license or satisfy its separate examination, reciprocity or renewal requirements.

Sources

Have these ready

  1. Identify the actual licensed-auctioneer application or renewal.
  2. Match the Department's current $25,000 corporate-surety instructions.
  3. Obtain the accepted form with original raised seal and power of attorney.
  4. Coordinate the issued dates with the actual July–June registration file.
  5. Follow the Department's current delivery and separate licensing instructions.

Questions about this bond

Why not order only the $10,000 statutory minimum?

The code requires the Commissioner's prescribed form and amount while setting an auctioneer floor. The Department's current auctioneer-license instructions specify $25,000 corporate surety security. Match that actual file rather than treating the minimum as the current required sum.

Is this the apprentice or auction-house instrument?

This offering is for the auctioneer listing. The statute distinguishes apprentice security, and an auction house can have a different principal or request. Confirm the named applicant and form instead of substituting roles.

Does an email from the provider complete the State filing?

No. The Department lists an original raised-seal bond and power of attorney with by-mail processing. Check the issued documents and current delivery instructions separately from provider checkout.

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