Texas Veterans Organization Solicitation Bond Guide
To solicit donations for Texas veterans organizations, solicitors and organizations must be bonded. Learn how these surety bonds work and get your free quote in this guide.
Bond Overview
- Purpose: To ensure compliance with state solicitation rules and regulations
- Who Needs It: Veterans organizations and solicitors working on their behalf
- Regulating Body: The Texas Secretary of State, Registrations Unit
- Required Amount: $5,000–$25,000, based on number of counties covered
- Premium Rates: $100–$375, flat rate based on the bond amount
What Is a Texas Veterans Organization Solicitation Bond?
A Texas veterans organization solicitation bond is a type of surety bond that protects the state and the public if solicitors are fraudulent or break laws.
This bond requirement ensures solicitors working on behalf of veterans organizations handle funds properly and act honestly.
Who Needs a Veterans Organization Solicitation Bond?
Per Chapter 1804 of Texas Occupation Code, veterans solicitation organizations and solicitors working on their behalf must file surety bonds prior to operating in any Texas county.
How Much Solicitation Bond Coverage Do I Need?
The surety bond amount required to register with the Secretary of State varies based on the:
- Organization’s charter status
- Number of counties the solicitor/organization operates in
Veterans organizations chartered by the United States Congress only need $1,000 bond coverage.
The bond amount for all other organizations and individual solicitors is based on the number of counties they will solicit in:
- $5,000 Bond: Solicits in 1 county
- $10,000 Bond: Solicits in 2–5 counties
- $25,000 Bond: Solicits in 6+ counties
How Much Do Veterans Organization Solicitation Bonds Cost in Texas?
Texas veterans organization solicitor bonds cost a flat rate of $100–$375 per year, based on the bond amount.
Or, you can save 25% and time on renewals by selecting a three-year term. Select your bond below to buy online now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Texas Veterans Organization Solicitation Bond Work?
This type of license and permit bond creates a legally-binding contract between three parties:
- Principal: The solicitor or veterans organization filing the bond
- Obligee: The Texas Secretary of State, Registrations Unit requiring the bond
- Surety: The provider issuing the bond
If the principal fails to comply with the law and the bond terms, the surety protects harmed individuals or organizations.
The bond can be used to repay any financial loss up to the full coverage amount. However, the principal must repay the surety for all paid claims.
How Do I Get a Veterans Organization Solicitation Bond in Texas?
You can get your bond in minutes with SuretyBonds.com. Just follow these quick steps:
- Select the bond type and coverage you need.
- Enter your license type (solicitors only) or line of business (organizations only).
- Checkout using our secure online portal.
- Select your shipping method.
We’ll send you instant email confirmation and mail your official bond documents. Sign and submit these to the SoS along with your registration form.
How Fast Can I Get My Bond?
We offer three-day, two-day and next-day FedEx shipping options, so you can have your physical bond form as soon as tomorrow!
Can I Get Bonded With Bad Credit?
Yes, these bonds are available for instant purchase with no credit check!
How Do I Renew My Veterans Organization Solicitation Bond?
You’ll need to renew your bond every 1 to 3 years based on your initial term selection. SuretyBonds.com will send you a renewal invoice. Simply pay the invoice before the expiration date to maintain bond coverage.
The principal or the surety can cancel the bond by providing 90-days written notice to the other party and the Secretary of State.
How to Become a Veterans Organization Solicitor in Texas
In order to register to become a Texas veterans organization solicitor:
- File a registration statement with the Secretary of State
- Pay the $500 filing fee
If you raise over $5,000 in a calendar quarter, you’ll need to file a report with the state. Contact the SoS to request the specific reporting forms.
How to Register a Veterans Solicitor Organization in Texas
If any veterans organization uses a solicitor in Texas, the organization must purchase and file a surety bond in addition to the solicitor.
Submit registration for your organization or individual registration to the SoS at the address below.
Secretary of State
Registrations Unit
P. O. Box 13550
Austin, TX 78711-3550