Telemarketing / Solicitation / Fundraiser Information
A telemarketing surety bond is a type of license and permit bond which is required in most states for telemarketing companies that operate there. Its purpose is to protect the public from telemarketing fraud, abuse, and other violations of state regulations. The telemarketing surety bond guarantees that bonded telemarketers and companies will comply with state regulations and only engage in honest and legitimate telemarketing practices. If a telemarketer or company are found to have violated regulations by, for example, calling people who are on the National “Do Not Call Registry,” then a claim can be made against their bond and claimants are compensated. Since telemarketing regulations are usually quite lengthy and complicated, these bonds can also offer protection in cases when telemarketers break regulations due to oversight rather than ill will. The telemarketing surety bond is necessary for every state in which a telemarketer is calling, if such regulations are in place in those particular states. In other words, you will need 5 telemarketing bonds if you intend to solicit in, say, Texas, Utah, New York, California, and Arizona. They are required upon getting licensed as a telemarketer in that state.
