OK commodity warehouseman bonds.
From $100. Enter your amount.
A state-chartered Oklahoma public commodity (grain) warehouse that falls short of the required net worth can make up the gap with a surety bond payable to the State Board of Agriculture under 2 O.S. §9-22. The Board sets the amount to your deficiency — pricing starts from $100, and your exact price appears at the application. Your price is 0.5% of the bond amount, with a $100 minimum.
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Apply to filed in one sitting.
No underwriting queue for the standard warehouse bond — enter your amount, pay, and file with the State Board of Agriculture. Here is the whole thing:
Apply online
Your business details, the bond amount the Board required, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, and most applicants are approved instantly as soon as they pay. Larger amounts may get a quick review.
File with the State Board of Agriculture
Submit the executed bond on the form the Board prescribes with your warehouse charter. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the warehouse bond actually covers
Oklahoma charters public commodity warehouses — grain elevators and similar storage facilities — through the Oklahoma Department of Agriculture, Food, and Forestry under Title 2. To hold a charter, a warehouseman must prove a net worth tied to chartered capacity (roughly twenty-five cents per bushel for the first four million bushels, but not less than $50,000).
When net worth falls short of that figure, 2 O.S. §9-22 lets the warehouseman make up the difference with a surety bond, certificate of deposit, or irrevocable letter of credit, in an amount equal to the deficiency. The bond is filed and made payable to the State Board of Agriculture for the benefit of all persons storing commodities with the warehouse.
It guarantees the warehouseman will fulfill its obligations — honoring receipts and returning or paying for stored grain. If the warehouse fails and depositors are harmed, they can recover against the bond; if the surety pays, the warehouseman repays the surety. We price the deficiency amount at 0.5% of the bond, with a $100 minimum.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the Board set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Oklahoma bonds.
Warehouse bond, issued today.
Pricing from $100. Enter the amount the Board required and file the same day.