← Back to Bond types
Miscellaneous Other

Bond

Any person applying for a license to conduct an auction sale of jewelry. Required when: Application for a license to conduct a jewelry auction. Exemptions: Sales by executors, administrators, guardians, receivers, or trustees in bankruptcy; sales by pawnbrokers; sales by state or local officers; sales of jewelry owned…

Overview

What it is.

Any person applying for a license to conduct an auction sale of jewelry. Required when: Application for a license to conduct a jewelry auction. Exemptions: Sales by executors, administrators, guardians, receivers, or trustees in bankruptcy; sales by pawnbrokers; sales by state or local officers; sales of jewelry owned…

Who usually needs it

Any person applying for a license to conduct an auction sale of jewelry.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…

Typical timeframe

Varies by bond type — contact for details

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

You are on the exact bond page. The next step is to start the quick application.

Details

Bond details.

StateNM
Bond amount$5,000
Term lengthSpecific to the auction sale
ObligeeMunicipal or County Licensing Authority
RenewalA new application and bond must be filed for each proposed auction sale.
Bond classMiscellaneous Other
CategoryCourt/Judicial
BondBond
Statutory referenceNM Stat § 61-16-8
JurisdictionState
More bonds
Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.