A Fish Buyer's License Performance Bond is required for businesses that want to purchase fish within Lummi tribal territory in Washington State. This bond acts as a financial guarantee that the fish buyer will follow all tribal regulations, pay fishermen properly, and conduct business honestly. If the buyer breaks the…
Overview
What it is.
A Fish Buyer's License Performance Bond is required for businesses that want to purchase fish within Lummi tribal territory in Washington State. This bond acts as a financial guarantee that the fish buyer will follow all tribal regulations, pay fishermen properly, and conduct business honestly. If the buyer breaks the…
Who usually needs it
Wholesale fish dealers (also called wholesale fish buyers) in Washington State who are applying for or holding a Wholesale Fish Dealer License must obtain this bond. This includes businesses or persons engaged in commercial processing of food fish or shellfish, wholesale selling/buying/brokering of food fish or shellfish, fishermen landing and selling catch…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license 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. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
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.
StateWABond amountVaries by license type or projectObligeeLummi Indian Business CouncilBond classLicense BondCategoryOtherBondFish Buyer's License Performance BondPlain descriptionA Fish Buyer's License Performance Bond is required for businesses that want to purchase fish within Lummi tribal territory in Washington State. This bond acts as a financial guarantee that the fish buyer will follow al…Who needs this bondWholesale fish dealers (also called wholesale fish buyers) in Washington State who are applying for or holding a Wholesale Fish Dealer License must obtain this bond. This includes businesses or persons engaged in commer…
