What is a Metal Recyclers and Secondhand Metal Dealers Bond?
Some municipalities in the state of Texas require metal recyclers, secondhand metal dealers, and secondhand resellers to obtain a $10,000 surety bond. The City of Houston, for instance, requires the bond to ensure that principals (recyclers, dealers and resellers) comply with the provisions of Article III, Chapter 7 of the Houston Code of Ordinances. If a dealer fails to conduct business according to these terms, the bond guarantees that the principal will pay any and all legal damages and fines up to the full bond amount that result from his or her wrongful, illegal, or negligent business practices to any person who suffers loss.
Purchasing Your Metal Recyclers and Secondhand Metal Dealers Bond
1. Click the Buy Now button.
2. Fill out the easy bond form.
3. Confirm your order and select how you would like your bond documents delivered. Email or regular mail.
4. Pay for your bond.
5. If you chose to have your documents emailed, you will receive them within minutes.
It’s that simple and fast!
Pricing & Terms
Surety bond costs are a percentage of the full bond amount, which is usually determined by your personal credit. Providing industry experience, strong personal credit, and business/personal financials will help lower your bond rate. Reach out for a quote today.
Bond Purchase Process
1. Find Your Bond
2. Secure Pricing
3. Buy Online
Get Started
The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!
Frequently Asked Questions
Looking to Get Started or Have Questions?
The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!