South Dakota Surety Bond Overview
Running a business in South Dakota often requires obtaining a South Dakota surety bond, in order to operate legally. Bryant Surety Bonds is licensed to underwrite the full range of South Dakota surety bonds. We also have expert knowledge, and extensive experience in getting thousands of businesses bonded across the US.
Our Bad Credit Surety Bond Program is tailored to applicants with troubled finances, so even if your credit score isn’t perfect, you can still get bonded with us. We foster close relationships with more than 20 A-rated and T-listed South Dakota surety bond companies. This gives us the option to shop around for our clients, and offer them the best bonding deals.
If you’re ready to start your bonding process, you can apply online straight away.
You can also look for your South Dakota surety bond in the table below. For any questions or concerns, call us at (866)-450-3412.
Find the Bond You Need
The table below contains a list of only the most popular surety bonds. If you can't find yours, fill out our online application and select "Not in the list".
|Investment Advisor (Blue Sky) Bond||Division of Securities||Uniform Surety Bond||Apply Now|
|Insurance Agents/Brokers Bond||SD Dept. Labor & Regulation Division of Insuranc||Discount Medical Plans Bond||Apply Now|
|Mortgage Broker (1st & 2nd Mortgages) Bond||Division of Banking, State of South Dakota||Mortgage Company Bond||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Division of Banking||Mortgage Lender||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||DIVISION OF BANKING||MORTGAGE LENDER||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Division of Banking||Money Lender Bond||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||Division of Motor Vehicles||Vehicle Dealer||Apply Now|
|Auto & Mobile Home Dealers (Used Only, No New) Bond||Division of Motor Vehicles||Vehicle Dealer||Apply Now|
|Sales, Use & Consumer Tax Bond||South Dakota Department Of Revenue and Regulations||South Dakota Department of Revenue & Regulation Un||Apply Now|
|Appraisal Management||Department of Labor and Regulation||Appraisal Management Company Registration Bond||Apply Now|
Types of South Dakota Surety Bonds
Bryant Surety Bonds can underwrite the South Dakota surety bond that you need, whether it’s a license and permit bond, construction bond, or court bond.
- To obtain your South Dakota business license, you might have to post a license and permit bond.
- For construction contractors bidding on public or private projects, construction bonds are a usual requirement.
- Less often, a South Dakota court might ask you to provide court bonds.
Our bonding experts are available to help you out with the bonding process. Just call us at (866)-450-3412.
A complete overview of all South Dakota surety bond types is presented below.
South Dakota License & Permit Bonds
Many kinds of South Dakota businesses need to get licensed with a state, local, or city authority that governs their trade. A common element of this process is posting a license and permit bond.
Similarly to other states, in South Dakota surety bonds play an important role in ensuring the legal operation of companies. Bonds protect the interests of the state and its citizens against fraudulent activities.
You can think of your surety bond as an extra line of credit for your business. In case you do not abide by applicable rules, a claim can be made on your bond by an affected party. Proven claims can have serious financial consequences for bonded parties, such as reimbursement of claimants up to the penal sum of the bond.
The typical South Dakota license and permit bonds include:
South Dakota auto dealer bond
- Obligee: [South Dakota Division of Motor Vehicles]
- Bond amount: $25,000
- South Dakota mortgage broker surety bond
- Obligee: South Dakota Division of Banking
- Bond amount: $25,000
Freight broker bond
- Obligee: Federal Motor Carrier Safety Administration
- Bond amount: $75,000
- Expiration date: Coincides with year of licensing