Last updated: 2/27/2017
Surety Bond Auctioneer Auction Company {SFSB-455}
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Description
SFSB-455, SURETY BOND AUCTIONEER/AUCTION COMPANY (Civil Code Section 1812.600), Every auctioneer and auction company shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of the bond shall be filed with the Secretary of State. INSTRUCTIONS: 1. Pursuant to Section 1812.600 (a) of the Civil Code every auctioneer and auction company shall maintain a bond. 2. The term for all bonds submitted shall not be less than twenty-four (24) months. 3. Send the executed document and filing fee (if any) to: California Secretary of State P.O. Box 942870 Sacramento CA 94277-2870 4. Include the filing fee of $30.00. 5. There is no fee for filing an amendment to a previously filed bond. www.FormsWorkflow.com
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