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Alabama Surety Bonds for Professional Fundraisers

Alabama telemarketers solicit donations for charities

Professional fundraisers must obtain a surety bond to comply with Alabama registration requirements.

The State of Alabama Office of the Attorney General, Consumer Protection Section is responsible for registration of professional fundraiser or commercial co-venturers, telemarketers, charities, professional solicitors, health studios and protection of consumer services.

The Attorney General Office defines a professional fundraiser as follows “businesses that solicit contributions on behalf of charitable organizations for compensation or other consideration."

The Alabama Code, 13A-0-70 1996) provides the details for registration. The following is required for registration:
1. Completion of the Professional Fundraiser Registration Statement with an original notarized signature and payment of the registration fee.
2. Within 90 days of terminating a contract, submit a closing statement with the Attorney General Office disclosing gross receipts and all expenditures incurred during the contract period.
3. Obtain a $10,000 surety bond and submit the original with the registration statement.
4. Registration and bonds renew annually September 30th of each year.

What Does this Bond Cost?

Premiums for Alabama Professional Fundraiser Bonds starts as low as $100, depending on credit. Contact our Surety Bond Specialist for a free, no-obligation quote.

SuretyGroup.com

Phone: 1‑844‑432‑6637
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