Professional solicitors and commercial co-venturers who solicit contributions for charitable organizations, including those conducting solicitations by telephone. Required when: Required at the time of making application for registration with the Division of Non-Profit Organizations/Public Charities. Exemptions: Chari…
Overview
What it is.
Professional solicitors and commercial co-venturers who solicit contributions for charitable organizations, including those conducting solicitations by telephone. Required when: Required at the time of making application for registration with the Division of Non-Profit Organizations/Public Charities. Exemptions: Chari…
Who usually needs it
Professional solicitors and commercial co-venturers who solicit contributions for charitable organizations, including those conducting solicitations by telephone.
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.
StateMABond amount$25,000Term lengthAnnualObligeeMassachusetts Office of the Attorney General, Division of Non-Profit Organizations/Public CharitiesRenewalThe bond must be renewed annually and is typically valid for the calendar year period ending on December 31st.Bond classLicense BondCategoryProfessional ServicesBondProfessional Solicitor BondStatutory referenceM.G.L. c. 68, § 24JurisdictionState
