In order to conduct an auction business in the State of New Hampshire you must be licensed and provide a New Hampshire auctioneer bond. “Auctioneer” as defined by administrative rule and with the input of the New Hampshire Auctioneers Association, means a person who engages in, or who by advertising or otherwise holds himself or herself out as being available to engage in, the solicitation or the acceptance of competitive bids for the purchase of real or personal property, or both, at auction, or otherwise engages in auctioneering. All applicants for an auctioneer license must pass a licensing examination covering the laws and rules regulating the industry in the state. The New Hampshire auctioneer bond must be in the amount of $25,000 and must run concurrent with the license. Bonds issued after January 1st, 2011, must have a duration of two years and one month. The New Hampshire auctioneer surety bond obligation is a guarantee of compliance by the licensee with the provisions of Chapter 311-B, New Hampshire Revised Statutes. Surety One, Inc., will issue these for experienced applicants regardless of the principal’s credit condition. We also offer superlative fidelity bond coverages to protect against losses due to employee dishonesty. Visit the nation’s surety leader at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com for a New Hampshire auctioneer bond application or information about auctioneer bonds in any state.
