Alabama Cotton Warehousemen must go through a permit process to be licensed. A part of the process includes obtaining a security such as an Alabama Cotton Warehouseman Surety Bond. The State of Alabama Department of Agriculture and Industries, Gin and Warehouses Section, is responsible for issuing permits for public warehouses, grain dealers, cotton merchants and cotton gins, as well as inspections of gins and auditing of public warehouses and grain dealers. Chapter 80-6-5 of the Alabama Department of Agriculture and Industries Gin and Warehouses Administrative Code defines the regulations for the operation of public warehouses.
The premium that you pay for an Alabama Cotton Warehouseman Surety Bond is dependent on credit.
Those who store agricultural products can apply for a license under the US Secretary of Agriculture. The application is voluntary.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, call us first. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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