← Back to Bond types
Miscellaneous Commercial

Financial assurance or security bond

Compassion center applicants (dispensaries and manufacturing facilities) that have been notified of their eligibility for registration. Required when: Upon receiving notification by the department that a compassion center application is eligible for registration, the applicant must submit the bond to qualify for the r…

Overview

What it is.

Compassion center applicants (dispensaries and manufacturing facilities) that have been notified of their eligibility for registration. Required when: Upon receiving notification by the department that a compassion center application is eligible for registration, the applicant must submit the bond to qualify for the r…

Who usually needs it

Compassion center applicants (dispensaries and manufacturing facilities) that have been notified of their eligibility for registration.

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.

  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.

StateND
Bond amountThe amount is determined by the Department of Health and Human Services; it may…
Term lengthContinuous
ObligeeNorth Dakota Department of Health and Human Services, Medical Marijuana Program
RenewalA compassion center registration certificate is valid for two years. The bond must be maintained for the duration of the registration period and verified during the biennial renewal process.
Bond classMiscellaneous Commercial
CategoryHealthcare
BondFinancial assurance or security bond
Statutory referenceN.D. Cent. Code § 19-24.1-15
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.