The State of Tennessee Department of Agriculture, Division of Consumer and Industry Services, oversees the licensing of public grain warehouses, grain dealers, commercial feed, Incidental Grain Dealer, seed dealer, agriculture liming materials and registering of commercial fertilizer distributors. The Tennessee Code Annotated Title 43 Chapter 32 Section 101 Tennessee Commodity Dealer and Warehouse Law, defines the licensure and surety bond requirements for an incidental grain dealer.
The premium that you pay for a Tennessee Incidental Grain Dealer Surety Bond is dependent on credit. Our rates start at $100 for bond amounts $10,000 and under with good credit. For bond amounts over $10,000, the rate starts at 1% of the bond amount with good credit.
A grain dealer license is required if grain purchases are more than $100,000 annually.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. 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.
For a downloadable application