Telephone solicitor bond cost
The Superintendent of the Bureau of Consumer Credit Protection of the State of Maine requires telemarketers to post $10,000 surety bonds to legally operate within the state.
These bonds are subject to underwriting, which means the amount applicants pay for their bonds is determined by a review of their credit reports. Applicants with strong financial credentials could qualify to pay just $100! Don’t let poor credit stop you from getting the bond you need. We work hard to ensure you qualify for the best bond rate possible.
Why this bond
Maine telemarketer bonds (which are actually filed as transient sellers program bonds) are put in place to ensure the protection of consumers.Specifically, the bond ensures that principals comply with all requirements of Title 32, Chapter 128, 14708, subsection 3 of the Maine Revised Statutes.
Maine telemarketing surety bonds remain in full force and effect until the state releases the surety from liability or the surety cancels the bond. The surety can cancel the bond by giving written notice of cancellation to the principal and the state 30 days prior to the effective date of cancellation.
Become a telephone solicitor
Posting a Maine telemarketer bond is simply the first step toward becoming a licensed telemarketer in the state. Along with the $10,000 surety bond, applicants must submit a completed transient sellers application, $30 application filing fee, answers to criminal background questions and any required exam or test results.
When filling out the application, the type of business that will be conducted must be noted on the form along with the applicant’s Maine Sales Tax number.Take the first step toward becoming licensed by contacting a surety bond expert today to receive a free bond quote.
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- State of Maine Department of Professional and Financial Regulation Office of Professional and Occupational Regulation Company Application and Bond Form
- State of Maine Professional and Financial Regulation Regulation of Transient Sales
- Maine Revised Statutes Title 32, Chapter 128: Regulation of Transient Sales