South Dakota Professional Fundraiser Bond
AmeriPro Surety Bonds | 844-589-9732
Professional Fundraiser or Telephone Solicitor Licensing – South Dakota
The South Dakota Attorney General licenses and regulates fundraiser and telephone soliciting organizations or charitable institutions.
A condition of licensing is that one of two surety bond amounts is obtained and provided to the state:
- A $10,000 surety bond is required of those engaging in telephone solicitations, but who do not have access to the funds solicited;
- A $20,000 surety bond is required of those engaging in telephone solicitations, and who do have access to the funds contributed.
The surety bond may alternately referred to as a South Dakota telephone solicitor bond, or a South Dakota paid solicitor bond. All terms refer to the same surety bond.
Qualifying and the Premium
You are automatically approved for either the $10,000 or $20,000 South Dakota professional fundraiser bond. There is no credit check nor is there an underwriter review; the bond is issued to you within minutes of calling us.
When you call us, you’ll tell us which surety bond you require. From there it will be very simple. We’ll ask you the name as it should appear on your bond, along with your contact information.
The $10,000 surety bond will have an annual premium of $150; the $20,000 surety bond will have an annual premium of $300.
After payment of the premium, your surety bond is issued to you immediately and sent to you by mail. Overnight delivery is available for an additional fee.
Upon receipt of your surety bond in the mail, you’ll sign it as Principal and have it notarized (we will have it notarized as Surety). The filing address is:
Office of the Attorney General
Division of Consumer Affairs
500 East Capitol Avenue
Pierre, South Dakota 57501
Premium Prepayment Options
The $150 and $300 premium associated with your professional fundraiser surety bond are good for one year. The premiums renew annually.
Our agency also offers you the ability to prepay your premium up to 3 years. Prepayment of the premium saves you over annual renewals. You also lengthen then interval between renewal periods.
The premium prepayment option and savings are as follows:
—$10,000 surety bond amount—
- If prepaid for 2 years, the premium is $270, a $30 savings;
- If prepaid for 3 years, the premium is $390, a $60 savings.
—$20,000 surety bond amount—
- If prepaid for 2 years, the premium is $540, a $60 savings;
- If prepaid for 3 years, the premium is $780, a $120 savings.
Purpose of Your Surety Bond Requirement
Both surety bonds are a financial guarantee that you will be in compliance with the South Dakota Code Codified Law, 37-30, as amended. The protects against violation of this chapter of law.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide charitable fundraiser surety bonds wherever required nationwide.
Our agency is also a provider of license and permit, court, probate, and other surety bonds in South Dakota and all 50 states.
Please call us today at:
Or, you may fill out the form below and a Surety Agent will contact you.