Paid solicitors who solicit contributions for or on behalf of a charitable organization for financial or other consideration. Required when: At the time of making an application for registration or for a renewal of registration as a paid solicitor. Exemptions: Bona fide salaried officers, employees, or volunteers of a…
Overview
What it is.
Paid solicitors who solicit contributions for or on behalf of a charitable organization for financial or other consideration. Required when: At the time of making an application for registration or for a renewal of registration as a paid solicitor. Exemptions: Bona fide salaried officers, employees, or volunteers of a…
Who usually needs it
Paid solicitors who solicit contributions for or on behalf of a charitable organization for financial or other consideration.
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.
StateSDBond amount$10,000Term lengthAnnualObligeeSouth Dakota Attorney General, Division of Consumer ProtectionRenewalThe bond must be filed and approved by the Attorney General at the time of the annual renewal of the paid solicitor's registration.Bond classLicense BondCategoryFinancial ServicesBondPaid Solicitor BondStatutory referenceSDCL 37-30-5JurisdictionState
