Mississippi Telephone Sellers Bond Guide
If you’re applying for a telephonic solicitor registration in Mississippi, you’ll likely need this surety bond.
Bond Overview
- Purpose: To potent the public from fraud, misrepresentation and harassment
- Who Needs It: All telephone solicitors operating in Mississippi
- Regulating Body: The Mississippi Attorney General
- Required Coverage: $75,000
- Premium Rate: 1–10% based on credit score
Learn all about the bond requirements and process in this guide.
What Is a Mississippi Telephone Sellers Bond?
A Mississippi telephone sellers bond protects the public from harassment and fraudulent phone solicitations. The Attorney General requires this bond as part of the telemarketer licensing process.
How Much Do Telephone Sellers Bonds Cost in Mississippi?
Mississippi telephone seller bonds cost a small percentage of the bond amount, typically 1–10% based on credit score.
Qualified applicants often pay just $7,500 for the $75,000 bond. Apply for your free, personalized quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Telephone Sellers Bond?
The Mississippi Attorney General requires this bond for any individual, organization or affiliate doing business in the state that makes unsolicited phone sales calls for consumer merchandise.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Mississippi telephone sellers bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Mississippi Attorney General as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Mississippi Telephone Sellers Bond Work?
As with all surety bonds, a telephone sellers bond creates a legal contract between three parties:
- Principal: You, the telemarketer filing the bond
- Obligee: The Mississippi Attorney General requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Mississippi Code Section 77-3-601.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your telephone sellers bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.