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License Bond

Surety Bond for Licensed Fish and Shellfish Dealers

This bond is required for businesses that buy, sell, or deal in fish and shellfish within the Skokomish Indian Tribe's jurisdiction in Washington State. The $5,000 bond acts as a financial guarantee that dealers will follow all tribal regulations, conduct honest business practices, and pay what they owe to fishermen a…

Overview

What it is.

This bond is required for businesses that buy, sell, or deal in fish and shellfish within the Skokomish Indian Tribe's jurisdiction in Washington State. The $5,000 bond acts as a financial guarantee that dealers will follow all tribal regulations, conduct honest business practices, and pay what they owe to fishermen a…

Who usually needs it

Wholesale fish buyers in Washington State engaged in commercial processing, wholesale selling, buying, or brokering of food fish or shellfish, and limited fish sellers (commercial fishers selling fish or shellfish) must obtain this surety bond as required under Chapter 77.65 RCW to ensure compliance with state regulations and guarantee financial responsibil…

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.

  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.

StateWA
Bond amount$5,000
ObligeeSkokomish Indian Tribe
Bond classLicense Bond
CategoryOther
BondSurety Bond for Licensed Fish and Shellfish Dealers
Plain descriptionThis bond is required for businesses that buy, sell, or deal in fish and shellfish within the Skokomish Indian Tribe's jurisdiction in Washington State. The $5,000 bond acts as a financial guarantee that dealers will fo…
Who needs this bondWholesale fish buyers in Washington State engaged in commercial processing, wholesale selling, buying, or brokering of food fish or shellfish, and limited fish sellers (commercial fishers selling fish or shellfish) must…
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Next step

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