Louisiana licenses an auction business through the Auctioneers Licensing Board and conditions it on a $25,000 surety bond in the form the board approves. Ours is $250 flat — the price you see is the checkout price — and license bonds like this issue instantly.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your auction business license application or renewal. Wet-ink original mailed on request.
The Louisiana Auctioneers Licensing Board licenses both individual auctioneers and auction businesses. The board conditions an auction business license on a $25,000 surety bond filed in the form it approves — a larger figure than the $10,000 bond a single auctioneer posts.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Louisiana for the use of harmed buyers and sellers (the protected parties). If an auction business violates the auctioneer law or mishandles sale proceeds, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. A Louisiana-licensed resident auctioneer who has already posted a performance bond may be able to run an auction business without a second bond, so confirm your situation with the board before you buy.
These are the actual issuing fields — the application collects no credit information.
Start the application →$250 flat, no credit review, bond often issued in the same sitting. Free until issued.