South Dakota - Paid Solicitor (No collection of contributions) - $10,000 — required surety bond in South Dakota. Apply online in minutes.
A South Dakota Paid Solicitor Bond is a surety bond required for individuals or organizations that solicit charitable contributions on behalf of a charity without directly collecting or handling the funds. This bond guarantees that the solicitor will conduct their fundraising activities ethically and comply with all applicable state regulations.
Professional fundraisers and solicitation businesses operating in South Dakota typically need this bond. Specifically, it applies to paid solicitors whose operations involve requesting donations for charitable organizations without directly receiving, holding, or depositing the collected contributions themselves.
The state requires this bond to protect charitable organizations and the donating public from fraudulent or deceptive fundraising practices. If a paid solicitor violates state regulations or engages in unethical solicitation methods, the bond provides a mechanism for financial recourse.
To get your bond, click the Apply Now button to complete our secure, approximately 5-minute online application. Once your application is reviewed and approved, your official bond will be delivered directly to you by email. For any questions, contact Noah Insurance Agency nationwide at 814-718-0060.
The premium cost for this bond varies depending on the applicant's credit history and other underwriting factors. To find out your exact cost, please submit a brief online application for a quote.
Bond amount requirements can vary based on state regulations and your specific business activities. You must verify the exact required bond amount with the appropriate South Dakota regulatory agency before applying.
Bonding requirements often differ depending on whether a solicitor handles donor funds directly versus simply soliciting them. Always verify your specific licensing and bonding requirements with the state agency to ensure you purchase the correct bond type.
Approval times vary depending on your specific application and the underwriting process. To get started, apply online and once approved, your bond will be emailed to you.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide