In most states an auctioneer must file a surety bond with his licensing authority.  In North Dakota an auctioneer must provide a $5,000 auctioneer bond to the Public Service Commission. The bond is payable to the State of North Dakota for the benefit of any person injured by the “improper conduct” of the auctioneer.  The bond is cancelable however it is cumulative.  Nonetheless Surety One, Inc., will issue these for experienced applicants regardless of credit condition. We also offer broad fidelity bond coverages to protect auctioneer’s from the dishonest acts of employees.  Visit the nation’s surety leader at, call (787) 333-0222 or (800) 373-2804, or email