If you are engaged as a produce commission merchant in New Jersey you are required under article 2, chapter 11, title 4 of the revised statutes of the State of New Jersey to file a New Jersey Commission Merchant (Produce) Surety Bond as a condition of licensure.
Bonds Express offers a New Jersey Commission Merchant (Produce) Surety Bond with a 99% approval rate.
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 New Jersey Commission Merchant (Produce) Surety Bond holds you accountable for your business decisions.
By possessing a New Jersey Commission Merchant (Produce) Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.