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State of Alabama - Surety Bond Of Professional Fundraiser Or Commercial Co-Venturer

This bond is required for businesses and individuals who raise money for charities in Alabama, either as professional fundraisers or through commercial partnerships with nonprofits. The state requires this $10,000 bond to protect charities and donors from financial harm if the fundraiser acts dishonestly, mishandles d…

Bond amount$10,000
State or jurisdictionAlabama
ObligeeAttorney General, State of Alabama

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

This bond is required for businesses and individuals who raise money for charities in Alabama, either as professional fundraisers or through commercial partnerships with nonprofits. The state requires this $10,000 bond to protect charities and donors from financial harm if the fundraiser acts dishonestly, mishandles d…

Who usually needs it

Professional fundraisers, professional solicitors, and commercial co-venturers in Alabama who solicit contributions on behalf of charitable organizations for compensation or engage in commercial co-venturing (promoting products/services tied to charitable donations) must obtain this $10,000 bond as part of their registration to operate legally in these role…

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Frequently asked

Common questions.

Who is the obligee on this Alabama fundraiser/co‑venturer bond?

The obligee is the Attorney General, State of Alabama.

What is the bond amount for the Alabama Surety Bond of Professional Fundraiser or Commercial Co‑Venturer?

The bond amount is $10,000.

What kinds of problems can lead to a claim against this bond?

Claims can be made if the fundraiser or commercial co‑venturer acts dishonestly, mishandles donations, or breaks Alabama fundraising laws, causing financial harm to charities or donors.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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