Kentucky Telemarketing Bond Overview
- Purpose: To protect consumers from fraudulent and illegal telemarketing practices.
- Who Needs It: All telephone solicitation companies in Kentucky
- Regulating Body: The Kentucky Office of the Attorney General
- Bond Amount: $50,000
- Minimum Price: $356; credit-based
What Is a Kentucky Telemarketing Company Bond?
The Kentucky Office of the Attorney General requires telephone solicitation companies to file $50,000 surety bonds.
The Kentucky telemarketing company bond ensures that businesses uphold state laws and industry regulations. This includes honoring the No Call List and misleading or deceiving customers.
How Much Do Telemarketing Bonds Cost?
The $50,000 Kentucky telemarketing company bond typically costs $356–$500 for qualified applicants. Exact rates fluctuate between 0.7–10% based on a soft credit check. Apply for your free quote now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Kentucky Telemarketing Bond Work?
This type of license and permit bond creates a legal contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The telemarketing company owner(s) filing the bond |
| 2) Obligee | The Kentucky Office of the Attorney General |
| 3) Surety | The issuing surety provider |
As the principal, you promise to uphold the Kentucky No Call Law and Telephone Solicitations Act. If not, you become liable for bond claims.
Consumers can file claims to recover damages from illegal solicitations. The surety will pay out valid claims up to $50,000, then you must repay the surety.
How Do I Get a Telemarketing Company Bond?
SuretyBonds.com provides the fastest way to get a telemarketing company bond in Kentucky.
- Apply Online: Fill out the quote request form on this page.
- Pay Invoice: Complete your purchase online or over the phone.
- Receive Bond: Select your shipping option to receive your official bond form.
Remember to sign and file the bond form with the Office of the Attorney General (OAG).
How Do I Renew My Bond?
Kentucky telemarketing bonds expire annually. To renew, follow these two steps:
- Pay the renewal invoice.
- File the continuation certificate with the OAG.
We’ll send you reminders and a renewal invoice before your bond expires.
How to Register as a Telemarketing Company in Kentucky
All Kentucky telemarketing companies must complete these core registration steps:
- Get a $50,000 surety bond.
- Complete the Registration Statement.
- Fill out the Consent for Service form.
- Pay the $300 registration fee.
You must register at least ten (10) days before making any phone solicitations. This registration will last for one (1) full year and can be renewed along with your surety bond.
