California Invention Developer Bond
Bond Requirements & Set Rates
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 | $125 |
Professionals who act as invention developers in California, helping inventors evaluate, market, and promote their inventions, must maintain a surety bond before conducting business. Required by the California Secretary of State, the California invention developer bond ensures developers comply with state laws and protects inventors from financial loss due to fraud, misrepresentation, or mishandling of funds.
Cost of a California Invention Developer Bond
NNA Surety offers the $25,000 invention developer bond for $125 per bond term. Secure the surety bond today.
Why You Need an Invention Developer Bond
The California invention developer bond is a financial guarantee that protects inventors while ensuring invention developers comply with California law. Like all surety bonds, this bond involves three parties:
- Principal: Invention developer
- Obligee: California Secretary of State
- Surety: Bonding company
If a valid claim is filed, the surety may compensate the affected inventor up to the bond amount of $25,000. The invention developer is then responsible for reimbursing the surety for any payout.
How to Get a California Invention Developer Bond
Getting bonded is simple:
- Fill out this bond application with your business and personal information.
- Receive a quote for the $125 annual premium.
- Pay the premium to activate your bond.
- Submit the bond to the California Secretary of State as part of your licensing requirements.
Apply for Your California Invention Developer Bond Today
Protect your clients and stay compliant by securing your California invention developer bond today. Our team makes it easy to get bonded quickly so you can focus on helping inventors bring their ideas to life. Apply now to receive your quote and bond today.