Oklahoma Telemarketing Bond Overview
- Purpose: To protect consumers from fraudulent, misleading or abusive telemarketing practices
- Who Needs It: Any non-exempt entity making telemarketing calls to Oklahoma residents
- Regulating Body: The OK Attorney General | Consumer Protection Division
- Bond Amount: $10,000
- Minimum Price: $100 for one year
What Is an Oklahoma Commercial Telephone Seller Bond?
An Oklahoma commercial telephone seller statutory bond, or telemarketing bond, protects consumers from illegal phone solicitations.
The Oklahoma Attorney General requires a $10,000 bond to cover potential damages caused by abusive or fraudulent solicitations.
Who Needs a Telemarketing Bond?
Anyone making calls to Oklahoma residents with the intent to sell goods or services must register as a Commercial Telephone Solicitor with the Attorney General and file a $10,000 surety bond.
How Much Do Telephone Seller Bonds Cost?
The $10,000 Oklahoma telemarketing bond costs $100 for one year, $175 for two years, or $250 for three years. You can buy your bond online in minutes.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Telemarketing Bond Work?
An Oklahoma commercial telemarketing bond creates a contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The telemarketing company owner(s) filing the bond |
| 2) Obligee | The Oklahoma Attorney General | Consumer Protection Division |
| 3) Surety | The issuing surety provider |
These bonds ensure that telemarketers and their employees adhere to the Commercial Telephone Solicitation Act.
If you engage in illegal practices, harmed consumers can file bond claims. The surety will pay out valid claims. Then, you must repay the surety.
How Do I Get a Telemarketing Bond?
SuretyBonds.com provides the fastest way to get a telemarketing bond in Oklahoma. Simply enter your personal and business information on this page and checkout.
We’ll mail you the original, physical bond form via your preferred shipping method. Enclose this original form with your telephone seller application.
How Do I Renew My Bond?
Oklahoma commercial telephone seller statutory bonds expire annually.
We’ll send you reminders and a renewal invoice before your bond expires. After you pay, file your continuation certificate with the state as instructed.
How to Become a Commercial Telephone Seller in Oklahoma
To become a licensed telemarketer (commercial telephone seller) in Oklahoma, you must:
- Complete the application form with all required attachments.
- Enclose the original $10,000 surety bond form.
- Pay the $250 filing fee via check or money order made payable to the Attorney General’s Revolving Fund.
