Surety Bonds in Mississippi
3 bond types covered for Mississippi with statute-cited requirements, bond amounts, and filing process. Pages are sourced from official MS government documents and updated as laws change.
Contractor License Bond
No state bond required
The Mississippi State Board of Contractors (MSBOC) does not require a state license/permit surety bond for the commercial certificate of responsibility itself; instead, applicants must demonstrate general liability insurance ($300,000/$600,000) and meet net-worth requirements. Project-specific performance, payment, and DOR tax bonds apply separately.
Statute: Miss. Code Ann. §§ 31-3-1 through 31-3-23 (Chapter 527, General Laws of Mississippi); Miss. Admin. Code Title 30, Part 9
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Motor Vehicle Dealer Bond
$15,000 to $100,000
Used and wholesale dealers regulated by the Mississippi Department of Revenue must post a $15,000 Designated Agent Bond. New motor vehicle dealers regulated by the Mississippi Motor Vehicle Commission must post a $25,000 corporate surety bond per location under Miss. Code § 63-17-75, or a single $100,000 bond covering all locations.
Statute: Miss. Code Ann. § 63-17-75 (new dealer bond); Miss. Code Ann. § 63-17-55 (definitions); Mississippi Motor Vehicle Commission Law (Title 63, Chapter 17)
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Notary Public Bond
$5,000
$5,000 surety bond required for all Mississippi notaries public under Miss. Code Ann. § 25-33-1.
Statute: Miss. Code Ann. § 25-33-1 et seq.
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