South Carolina Agricultural Products Dealer and Handlers are required under the Code of Laws of South Carolina section 46-41-10 et. seq. to file a South Carolina Agricultural Products Dealer and Handlers Bond as a condition of licensure.
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 South Carolina Agricultural Products Dealer and Handlers Bond holds you accountable for your business decisions.
By possessing a South Carolina Agricultural Products Dealer and Handlers Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.