The Texas Secretary of State requires the Texas Telephone Solicitation Bond for all those in the business of telephone solicitation. Telephone Solicitation, as defined in the Texas Telephone Solicitation Act, means a telephone call a seller or salesperson initiates to induce a person to purchase, rent, claim or receive an item.
All who are in this business must be registered and the Secretary of State requires a security deposit in the amount of $10,000. In lieu of an irrevocable letter or certificate of deposit, a surety bond issued by a company licensed in the state may suffice. The bond states that the bondholder shall conduct the business in accordance with the provisions of the Texas Business and Commerce Code. In order to properly register as a telephone solicitor, this bond must be on file with the Secretary of State. This bond must be continuous and remain valid, otherwise, registration renewal could be denied.
Additional Requirements for Registration
- File a registration statement
- Pay the filing fee
- Consent regarding service of process
How do I obtain a Texas Telephone Solicitation Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.