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Wisconsin Prescription Drug Wholesale Distributors are required by the provisions of Section 450.071 of the Wisconsin Statutes to file a Wisconsin Prescription Drug Wholesale Distributor 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 Wisconsin Prescription Drug Wholesale Distributor Bond holds you accountable for your business decisions.
By possessing a Wisconsin Prescription Drug Wholesale Distributor Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.