Surety Bonds Minnesota:

Grain Bank and Grain Buyer

In the State of Minnesota, a Surety Bond is required for Grain Bank and Grain Buyers. A Grain bank is a feed-processing plant that receives and stores grain, then processes and returns it to the grain owner with added ingredients that are mutually agreeable to the grain owner and the plant operator. A Grain Buyer is anyone who buys grain with the purpose of reselling the grain or products made from the grain. This Bond combines both the Grain Bank and Grain Buyer Bond to make it easier and guarantees that the applicant (Principal) will faithfully comply with all laws and regulations set forth by the State of Minnesota.