New Hampshire Paid Solicitor Bond Guide
If you’re applying for a paid solicitor license in New Hampshire, you’ll need this surety bond.
Bond Overview
- Purpose: To protect charitable organizations from mismanagement of funds or inappropriate solicitations
- Who Needs It: Individuals that manage, solicit, and raise funds for charities
- Regulating Body: The DOJ, Office of the Attorney General, Charitable Trust Units
- Required Coverage: $20,000
- Premium Rate: $300
Learn all about the bond requirements and process in this guide.
What Is a New Hampshire Paid Solicitor Bond?
A New Hampshire paid solicitor bond protects charitable organizations from damages due to mismanagement of funds or inappropriate solicitation activities.
The Office of the Attorney General, Charitable Trust Units requires this bond for all paid solicitor licensees to ensure they act legally.
How Much Do Paid Solicitor Bonds Cost in New Hampshire?
A $20,000 New Hampshire paid solicitor bond costs a flat rate of $300. No credit check or application is required.
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SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Paid Solicitor Bond?
The New Hampshire Charitable Trust Units requires this bond for paid solicitors who manage and raise funds for charitable organizations in New Hampshire.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your New Hampshire paid solicitor bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file it with the Charitable Trust Units through the online licensing portal.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a New Hampshire Paid Solicitor Bond Work?
As with all surety bonds, a paid solicitor bond creates a legal contract between three parties:
- Principal: You, the paid solicitor filing the bond
- Obligee: The Department of Justice, Charitable Trust Units requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of NHRSA 7:19-7:32-b.
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 paid solicitor bond, simply pay your renewal invoice when prompted.
After renewing, you’ll receive a continuation certificate to file with the Charitable Trust Units as proof of ongoing coverage.
