A Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by ensuring solicitors follow the law and handle donated funds properly. If a solicitor acts dishonestl…
Overview
What it is.
A Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by ensuring solicitors follow the law and handle donated funds properly. If a solicitor acts dishonestl…
Who usually needs it
Professional solicitors and fundraisers who raise funds for charitable organizations and have custody or control of charitable contributions must obtain this bond. This includes fundraising consultants, counselors, grant writers, and associates who solicit donations on behalf of charities as a professional service. The bond is required to protect charitable…
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.
StateLABond amount$25,000ObligeeState of LouisianaBond classLicense BondCategoryOtherBondProfessional SolicitorPlain descriptionA Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by …Who needs this bondProfessional solicitors and fundraisers who raise funds for charitable organizations and have custody or control of charitable contributions must obtain this bond. This includes fundraising consultants, counselors, gran…