Pharmaceutical Wholesale Distributors operating in the State of Indiana are required under 25-26-14-15 of the Indiana Code to execute an Indiana Pharmaceutical Wholesale Distributor Bond to ensure compliance with licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Indiana Pharmaceutical Wholesale Distributor Bond holds you accountable for your business decisions.
By possessing a Indiana Pharmaceutical Wholesale Distributor Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.