Telephonic sellers who make a telephone solicitation or attempted telephone solicitation involving any gift or prize with an actual or represented fair market value of five hundred dollars ($500.00) or more. Required when: Required at least 10 days before the commencement of any promotion offering any gift or prize wi…
Overview
What it is.
Telephonic sellers who make a telephone solicitation or attempted telephone solicitation involving any gift or prize with an actual or represented fair market value of five hundred dollars ($500.00) or more. Required when: Required at least 10 days before the commencement of any promotion offering any gift or prize wi…
Who usually needs it
Telephonic sellers who make a telephone solicitation or attempted telephone solicitation involving any gift or prize with an actual or represented fair market value of five hundred dollars ($500.00) or more.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateNCBond amountThe bond amount must be for the market value or the represented value, whicheve…Term lengthThe bond must be maintained until the Secretary receives reliable proof that the gifts or prizes have been delivered to the intended recipients.ObligeeNorth Carolina Secretary of StateRenewalWhile the bond is tied to the specific promotion, the telephonic seller registration itself must be renewed annually by filing the required information and paying a $100 fee.Bond classMiscellaneous CommercialCategoryReal EstateBondBond requirement; prizes and giftsStatutory referenceN.C. Gen. Stat. § 66-263JurisdictionState
