City of Tucson, Arizona - Going Out of Business, Removal of Business
Going Out of Business
Overview
What it is.
Going Out of Business
Who usually needs it
Class B auctioneers and auction houses operating in Tucson, Arizona must obtain a $5,000 surety bond approved by the Director of Finance. The bond protects aggrieved persons from breaches by the licensee and remains effective during the license term plus 90 days.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
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.
StateAZBond amount$5,000ObligeeCity of Tucson, ArizonaBond classMiscellaneous CommercialCategoryOtherBondCity of Tucson, Arizona - Going Out of Business, Removal of BusinessPlain descriptionGoing Out of BusinessWho needs this bondClass B auctioneers and auction houses operating in Tucson, Arizona must obtain a $5,000 surety bond approved by the Director of Finance. The bond protects aggrieved persons from breaches by the licensee and remains eff…
