{"id":1021,"date":"2013-05-02T04:30:39","date_gmt":"2013-05-02T04:30:39","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1021"},"modified":"2019-10-27T06:40:04","modified_gmt":"2019-10-27T06:40:04","slug":"florida-pawnbroker-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/florida-pawnbroker-bond\/","title":{"rendered":"Florida Pawnbroker Bond"},"content":{"rendered":"

A Florida pawnbroker bond<\/strong> is required from new applicants for a pawnbroking license where sufficient net worth of the applicant may be in question. \u00a0Florida law defines a “pawnbroker\u201d as any person who is engaged in the business of making pawns, makes a public display containing the term \u201cpawn,\u201d \u201cpawnbroker,\u201d or \u201cpawnshop\u201d or any derivative thereof, or who publicly displays a sign or symbol historically identified with pawns. A pawnbroker may also engage in the business of purchasing goods which includes consignment and trade (539.001<\/a>). \u00a0The Florida pawnbroking surety bond<\/strong><\/a> is required when in the determination of the Department of Agriculture and Consumer Services<\/a>\u00a0an applicant is unable to evidence a net worth of $50,000 or greater. \u00a0The surety bond must be written in the amount of ten thousand dollars ($10,000) and run payable to the Department. \u00a0The obligation must executed for the use and benefit of any consumer who is injured by the fraud, misrepresentation, breach of contract, financial failure, or violation of any provision of this section by the pawnbroker. Liabilities incurred against the Florida pawnbroker bond<\/strong>\u00a0may be enforced either by proceeding in an administrative action or by filing a judicial suit. \u00a0The bond form states that the instrument guarantees compliance with sections 539.001 \u2013 539.003, Florida Statutes, the Florida Pawnbroking Act. \u00a0The Act should be read carefully to fully understand the nature of the Florida pawnbroking bond<\/strong> obligation as there are record keeping duties and specific actions that each pawnbroker must take in the course of business. \u00a0The administrative codes (Chapter 5J-13, Florida Administrative Code<\/a>) that regulate pawn activity are also important to surety and the licensee.<\/p>\n

Florida surety bond leader<\/strong>,\u00a0Surety One, Inc.<\/a>\u00a0is THE source for pawnbroker surety bonds<\/strong><\/a>. \u00a0We offer terms to ALL applicants regardless of credit condition. Visit us at\u00a0SuretyOne.com, call\u00a0(800) 373-2804<\/span>, or email\u00a0Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0Florida pawnbroking bond<\/strong>\u00a0application or information about any surety bond product.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Florida pawnbroker bond is required from new applicants for a pawnbroking license where sufficient net worth of the applicant may be in question. \u00a0Florida law defines a “pawnbroker\u201d as any person who is engaged in the business of making… Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":2869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[1268,1265,1267,1266],"yoast_head":"\nFlorida Pawnbroker bond<\/title>\n<meta name=\"description\" content=\"A Florida pawnbroker bond is required from new applicants for a pawnbroking license where sufficient net worth of the applicant may be in question.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/florida-pawnbroker-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Florida Pawnbroker bond\" \/>\n<meta property=\"og:description\" content=\"A Florida pawnbroker bond is required from new applicants for a pawnbroking license where sufficient net worth of the applicant may be in question.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/suretyone.com\/blog\/florida-pawnbroker-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"Surety One, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Surety1\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Surety1\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-02T04:30:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-27T06:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/suretyone.com\/blog\/wp-content\/uploads\/pawnshop-surety-bond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:site\" content=\"@SuretyOne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"C. 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