Each person licensed to operate a livestock auction market in Oregon. Required when: Application for or renewal of a license to operate a livestock auction market. Exemptions: Licensees who provide evidence of compliance with the bonding provisions of the federal Packers and Stockyards Act of 1921 are deemed in compli…
Overview
What it is.
Each person licensed to operate a livestock auction market in Oregon. Required when: Application for or renewal of a license to operate a livestock auction market. Exemptions: Licensees who provide evidence of compliance with the bonding provisions of the federal Packers and Stockyards Act of 1921 are deemed in compli…
Who usually needs it
Each person licensed to operate a livestock auction market in Oregon.
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.
StateORBond amountThe bond amount is determined by the Department of Agriculture based on a sched…Term lengthAnnualObligeeOregon Department of AgricultureRenewalThe bond must be renewed whenever the livestock auction market license is renewed, which occurs annually by June 30.Bond classLicense BondCategoryAgricultureBondLicensee's bondStatutory referenceORS 599.245JurisdictionState
