Professional fundraisers who have custody of or access to contributions from a solicitation. Required when: Registration as a professional fundraiser with the Attorney General. Exemptions: Professional fundraisers who do not have custody of or access to contributions are not required to file a bond, although they must…
Overview
What it is.
Professional fundraisers who have custody of or access to contributions from a solicitation. Required when: Registration as a professional fundraiser with the Attorney General. Exemptions: Professional fundraisers who do not have custody of or access to contributions are not required to file a bond, although they must…
Who usually needs it
Professional fundraisers who have custody of or access to contributions from a solicitation.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMNBond amount$20,000Term lengthAnnualObligeeMinnesota Attorney GeneralRenewalRegistration and the associated bond must be renewed annually. All registrations expire on April 30 following the date of registration. Renewal requires filing a new registration statement, paying the $200 fee, and main…Bond classLicense BondCategoryProfessional ServicesBondBond for Professional FundraisersStatutory referenceMinn. Stat. § 309.531, subd. 1(a)JurisdictionState
