If you are a Tobacco Manufacturer in the State of Arkansas and you are not participating in the Master Settlement Agreement for escrowing funds into the settlement account, you are required to execute an Arkansas Tobacco Manufacturer Bond in an amount of no less than $50,000 to be placed in escrow.
Bonds Express offers an Arkansas Tobacco Manufacturer 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 Arkansas Tobacco Manufacturer Bond holds you accountable for your business decisions.
By possessing an Arkansas Tobacco Manufacturer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.