This version of the form is not currently in use and is provided for reference only. Download this version of Form SFN58642 for the current year.
This is a legal form that was released by the North Dakota Department of Agriculture - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form SFN58642?
A: Form SFN58642 is the Wool Dealer's Bond form required in North Dakota.
Q: Who needs to fill out Form SFN58642?
A: Wool dealers in North Dakota need to fill out Form SFN58642.
Q: What is a Wool Dealer's Bond?
A: A Wool Dealer's Bond is a form of insurance that ensures the wool dealer will comply with North Dakota's laws and regulations regarding the buying, selling, and handling of wool.
Q: Why do wool dealers need to have a bond?
A: Wool dealers need to have a bond to provide financial protection for the sellers of wool, in case the dealer fails to fulfill their contractual obligations.
Q: What information is required on Form SFN58642?
A: Form SFN58642 requires information such as the dealer's name, business address, bonding company information, and bond amount.
Q: How much does the Wool Dealer's Bond cost?
A: The cost of the Wool Dealer's Bond varies depending on factors such as the bond amount and the dealer's creditworthiness.
Q: How long is the Wool Dealer's Bond valid for?
A: The Wool Dealer's Bond is usually valid for one year.
Q: What happens if a wool dealer does not have a bond?
A: If a wool dealer does not have a bond, they may be unable to operate legally in North Dakota.
Q: Can a wool dealer cancel their bond?
A: Yes, a wool dealer can cancel their bond by providing written notice to the bonding company and the North Dakota Secretary of State.
Form Details:
Download a fillable version of Form SFN58642 by clicking the link below or browse more documents and templates provided by the North Dakota Department of Agriculture.