Mississippi · Surety Bond Resource Center

Mississippi surety bonds

Mississippi’s published statewide license bonds in this hub sit with the Department of Revenue and Mississippi Motor Vehicle Commission for dealers, the Department of Banking and Consumer Finance for mortgage, money-transmission, and debt-management licenses, the Secretary of State for notaries, and the Mississippi Insurance Department for public adjusters. Licensed dealers—including wholesale dealers—post a designated-agent bond of at least fifteen thousand dollars with MDOR; new-vehicle franchise dealers also file a twenty-five-thousand-dollar (or one-hundred-thousand-dollar multi-location) bond with the Motor Vehicle Commission. Mortgage brokers and lenders under the S.A.F.E. Mortgage Act start at fifty thousand and two hundred fifty thousand dollars respectively after the July 1, 2025 amendments, with renewal amounts set by DBCF rule up to those caps. Money transmitters size the bond under the Money Transmission Modernization Act at the greater of one hundred thousand dollars or one hundred percent of average daily Mississippi liability, capped at five hundred thousand dollars. Debt-management service providers file a fifty-thousand-dollar bond under chapter 81-22. Notaries post a five-thousand-dollar bond. Public adjusters show fifty thousand dollars of coverage by bond, letter of credit, or qualifying errors-and-omissions policy. Mississippi does not require a statewide contractor license bond from the State Board of Contractors.

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Mississippi at a glance

Dealer designated-agent (MDOR): ≥ $15,000
New motor vehicle dealer (MMVC): $25,000 / $100,000
Mortgage broker / lender: $50,000 / $250,000 initial
Money transmitter: $100,000–$500,000
Debt management services: $50,000
Notary public: $5,000
Public adjuster: $50,000

How it works in this state

How Mississippi bonding is organized

How Mississippi organizes these bonds

Dealer bonding splits across two agencies. The Department of Revenue treats every licensed dealer—including wholesale-only shops—as a designated agent and requires a Bond of Designated Agent of at least fifteen thousand dollars. Separately, new-vehicle franchise dealers file a Motor Vehicle Commission bond under §63-17-75. Mortgage companies, money transmitters, and debt-management providers license through DBCF on NMLS and file electronic bonds. Notary bonds file with the Secretary of State for the four-year commission. Public adjusters show the Insurance Department fifty thousand dollars of coverage with a bond, letter of credit, or qualifying errors-and-omissions policy.

What this hub does not treat as statewide license bonds

The Mississippi State Board of Contractors licenses commercial and residential contractors above statutory dollar thresholds but requires general liability insurance—not a statewide license bond—for Certificates of Responsibility. Department of Revenue contractor tax bonds for larger projects are tied to a specific job, not a standing license bond. Third-party collection agencies lack a dedicated statewide collection-agency license bond in the commercial-core set. Title-insurance agent escrow bonding was not verified from a current Insurance Department schedule for a dedicated guide. Local permit, project bid/performance/payment, and court bonds remain outside this hub.

Mississippi bond directory

Find your bond requirement

These guides cover license and permit bonds with verified educational content. Your agency notice or application checklist is always the final authority.

BondAgencyCommon amountHow you file

Who sets the requirement?

Mississippi licensing agencies

Each agency below sets its own bond requirement. Open the related guide for amounts and filing steps.

Mississippi Department of Revenue — Motor Vehicle Licensing

Licenses dealers as designated agents and receives the ≥$15,000 Bond of Designated Agent.

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Mississippi Motor Vehicle Commission

Licenses new motor vehicle dealers and receives the §63-17-75 $25,000 / $100,000 franchise-dealer bond.

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Department of Banking and Consumer Finance — Mortgage

Licenses mortgage brokers and lenders under the S.A.F.E. Mortgage Act and receives §81-18-11 electronic bonds via NMLS.

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Department of Banking and Consumer Finance — Money transmission

Licenses money transmitters under the Money Transmission Modernization Act and receives the statutory bond or approved deposit.

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Department of Banking and Consumer Finance — Debt management

Licenses debt-management service providers under chapter 81-22 and receives the $50,000 §81-22-7 bond.

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Mississippi Secretary of State — Notary Public

Commissions notaries and receives the $5,000 bond under §25-34-41.

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Mississippi Insurance Department — Public adjusters

Licenses public adjusters and requires $50,000 of coverage by bond, letter of credit, or qualifying E&O.

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Before you apply

Confirm these details from the agency notice

Bring these five items when you request a bond. For the full checklist, see how to read a bond requirement.

1
Separate MDOR and MMVC dealer bonds when both apply
Every licensed dealer needs the Department of Revenue designated-agent bond of at least $15,000. New franchise dealers also need the Motor Vehicle Commission $25,000 (or $100,000 multi-location) bond. Do not treat one filing as covering the other.
2
Use post–July 1, 2025 mortgage initial faces
Mortgage broker initials are $50,000 and mortgage lender initials are $250,000 under amended §81-18-11. Renewal amounts follow DBCF activity rules up to those statutory caps—confirm the current NMLS amount before ordering.
3
Do not expect an MSBOC statewide contractor license bond
Commercial and residential Certificates of Responsibility require qualifying general liability insurance. A standing statewide license bond is not part of the MSBOC application checklist.

Learn more about surety bonds

Universal surety concepts explained once—linked here instead of repeated on every state or bond page.

Frequently asked questions

Does Mississippi require a statewide contractor license bond?

No. The Mississippi State Board of Contractors licenses work above statutory dollar thresholds and requires general liability insurance meeting board minimums. It does not publish a statewide Certificate of Responsibility bond. Project tax bonds with the Department of Revenue are separate from license bonding.

Do used-car dealers need the Motor Vehicle Commission bond?

The §63-17-75 $25,000 / $100,000 bond attaches to new motor vehicle dealer licenses with the Motor Vehicle Commission. All licensed dealers, including used and wholesale dealers, still need the Department of Revenue designated-agent bond of at least $15,000.

Is there a Mississippi collection-agency license bond?

This hub does not publish a statewide third-party collection-agency bond. Fee-based debt-management providers license separately under the Debt Management Services Act and post the $50,000 §81-22-7 bond with DBCF.

Start your Mississippi bond application

Mississippi will be preselected in the application. Choose the bond type on the next step—we verify the current agency form before anything is issued.

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Last verified 2026-08-11. Official sources are retained with this guide and checked before publication.

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