Telephonic Seller Bond
Every telephonic seller (as defined in R.S. 45:822) doing business in Louisiana. Required when: Required not less than ten days prior to doing business in the state. Exemptions: R.S. 45:822(B) lists 19 exemptions, including persons selling securities, real estate, insurance, newspapers, financial institutions, and cer…
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.
Amounts can vary
Selected requirement: $50,000. Other available requirements: "$50,000 base amount. An additional bond is required for the total current market value or advertised value (whichever is greater) of any premiums offered with a value of $500 or more.". Exact options still depend on the obligee, state, and underwriting.
