Alaska Paid Solicitor Bond Overview
- Purpose: To ensure charitable donation solicitors manage funds and solicitations properly
- Who Needs It: Anyone registered to solicit charitable donations in Alaska
- Regulating Body: The Alaska Department of Law, Attorney General’s Office
- Bond Amount: $10,000
- Minimum Price: $150; credit-based
What Is an Alaska Paid Solicitor Bond?
An Alaska paid solicitor bond, or professional fundraiser bond, is a financial guarantee that charitable fundraisers will manage funds and solicit donations ethically. These bonds protect donors and charities if a solicitor breaks state rules or regulations.
Who Needs a Paid Solicitor Bond?
Any person hired or contracted by a charity to solicit donations in Alaska is considered a paid solicitor and must be registered and bonded. Volunteers, employees and paid officers of a non-profit are exempt.
How Much Do Paid Solicitor Bonds Cost in Alaska?
A $10,000 Alaska charitable solicitor bond starts at just $150 for a one-year term. Or, you can select a multi-year term to save 25% on renewals. Apply for a free quote today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Alaska Paid Solicitor Bond Work?
When you get a charitable solicitor bond, you enter a three-party legal agreement.
| Bond Party | Description |
|---|---|
| 1) Principal | The paid solicitor filing the bond |
| 2) Obligee | The Alaska Department of Law, Attorney General’s Office |
| 3) Surety | The issuing surety provider |
As the principal, you agree to conduct business lawfully. If you provide misinformation, solicit without written consent, or violate any other provisions of Alaska Statutes 45.68.010(g), a bond claim can be filed. The surety will pay harmed parties and you must then reimburse the surety.
How Do I Get a Paid Solicitor Bond in Alaska?
Get your professional solicitor bond by following these simple steps:
- Apply for a quote.
- Pay the premium.
- File your bond with the Department of Law.
How Fast Can I Get My Bond?
You’ll get a free quote in one business day or less! However, you’ll receive your bond in the mail based on your preferred shipping method — we offer overnight, two-day and three-day shipping.
Can I Get Bonded With Bad Credit?
We approve 99% of applicants. Read about our bad credit options and premium financing if you’re worried about qualifying or low credit impacting your rate.
How Do I Renew My Bond?
Alaska paid solicitor bonds expire annually. We send renewal reminders starting 90 days before the expiration date. You can renew online or over the phone by simply paying the invoice when prompted.
After renewing, you’ll get a continuation certificate to file with the Attorney General’s Office. This is proof that your original bond is still active.
Can I Make Changes to My Bond Form?
Surety providers can often update simple information like name and address with a bond rider. However, larger updates may require a new bond form.
If you're a SuretyBonds.com client, just contact our team and a representative will help you out:
- 1(800)308-4358
- [email protected]
How to Become a Paid Solicitor in Alaska
All paid charitable solicitors must register with the Alaska Department of Law by following these steps:
- Get a surety bond.
- Pay the $200 fee.
- Register online.
- Upload the surety bond form.
After completing any donation campaigns, you’ll need to submit a campaign financial report.
