Veterans organization solicitor bond cost
Veterans solicitation organizations and solicitors in Texas must post surety bonds in varying amounts prior to conducting business within the state. The required bond amount is based on the total amount of contributions he or she received during the last fiscal year, the organization’s charter status and the number of counties the solicitor operates in.
Because so many factors impact the price you’ll pay for your bond, we recommend that you call in at 1 (800) 308-4358 or submit a bond request to connect with an expert surety specialist who walk you through each step of our fast and easy bonding process.
Why this bond
Texas veterans organization solicitation and solicitor’s bonds ensure that principals (solicitors) conduct business in accordance with the provisions of Chapter 1804 of the Texas Occupations Code.
If the principal fails to conduct business in compliance with the law and the terms of the surety bond contract, the bond protects any person from financial loss up to the full amount of the bond. The principal must pay the surety for all damages covered.
Veterans organization solicitation bond details
Veterans organization solicitation bonds in Texas remain in full force and effect until voided. The principal or the surety can cancel the bond by providing written notice of cancellation to the other party and to the Secretary of State, Statutory Documents Section at least 90 days prior to the effective date of cancellation.
Become a veterans organization solicitor
A veterans organization registers by filing a registration statement with the Secretary of State and paying the required $150.00 filing fee. If the veterans organization uses a solicitor, the organization must post a surety bond with the Secretary of State.
Apply for your surety bond
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