Texas Charitable Raffle Bond Guide
If you’re hosting charitable raffles in Texas, you’ll likely need to file a surety bond with your local County Clerk.
Bond Overview
- Purpose: To ensure compliance with state regulations
- Who Needs It: Organizations holding charitable raffles
- Regulating Body: The local Texas County Clerk
- Required Coverage: $1,000–$100,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
Who Needs a Charitable Raffle Bond?
In Texas, qualified organizations can hold up to four charitable raffles per year under the Charitable Raffle Enabling Act as long as they meet certain criteria.
If your raffle is not authorized, it will be considered gambling and result in penalties. You’ll need to file the bond with your County Clerk’s office before hosting any raffles.
Bond requirements may vary by county. Check with your County Clerk to confirm your bond coverage amount.
How Much Do Charitable Raffle Bonds Cost?
Texas charitable raffle bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Texas charitable raffle 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 it as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Texas Charitable Raffle Bond Work?
A charitable raffle bond creates a legal contract between these three parties:
- Principal: You, the organization owner(s) filing the bond
- Obligee: The Texas County Clerk requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Charitable Raffle Enabling Act.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your charitable raffle bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
