South Dakota - Paid Solicitor (Collection of Contributions) - $20,000 — required surety bond in South Dakota. Apply online in minutes.
A South Dakota Paid Solicitor Bond is a surety bond that guarantees a professional fundraiser or solicitor will ethically and lawfully handle charitable contributions they collect. It serves as a financial safeguard for charities and donors against fraudulent practices or misappropriation of funds by the solicitor.
This bond is generally needed by individuals or businesses operating as paid solicitors for charitable organizations within South Dakota. Anyone compensated to solicit or collect contributions on behalf of a charity typically needs to secure this bond before beginning operations.
The state requires this bond to protect charitable organizations and the contributing public from deceitful fundraising practices. By mandating a surety bond, the state ensures there is financial recourse available if a paid solicitor fails to remit collected funds or violates state solicitation regulations.
Simply click Apply Now to start your secure online application, which typically takes about five minutes to complete. Once approved and finalized, your paid solicitor bond will be delivered directly to your inbox via email.
Premiums vary based on the applicant's credit history and other business factors. Please apply online for an exact quote, or call Noah Insurance Agency at 814-718-0060.
Yes, we work with many applicants who have less-than-perfect credit. Approval and exact rates vary, so submitting an online application is the best way to see your available options.
The obligee is typically the State of South Dakota. Requirements vary, so you should always verify the exact department name and mailing address with the issuing state agency.
Bond amount requirements vary based on state regulations and the scope of your fundraising. You must verify the exact bond amount you need directly with the South Dakota state agency overseeing charitable solicitations before applying.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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