West Virginia Professional Solicitor Bond Overview
- Purpose: To enforce lawful and ethical fundraising and donor solicitation practices
- Who Needs It: All professional fundraising counsels and solicitors in West Virginia
- Regulating Body: The West Virginia Secretary of State – Charities Division
- Bond Amount: $10,000
- Minimum Price: $100; credit-based
What Is a West Virginia Professional Solicitor Bond?
The West Virginia Secretary of State requires professional fundraising counsels and solicitors to file $10,000 surety bonds before working with charitable organizations.
A professional solicitor bond protects the state and donors from harm if a fundraiser acts unethically or unlawfully while on the job.
How Much Do Professional Solicitor Bonds Cost in West Virginia?
The $10,000 West Virginia charitable solicitor bond starts at $100 for a one-year term. You can also select a multi-year term to save 25% on renewals.
Exact rates vary from 1% to 10% based on a soft credit preview. Request your free, personalized quote today.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does the Bond Actually Work?
This type of surety bond creates a legal and financially-binding contract between three parties.
- Principal: The professional solicitor filing the bond
- Obligee: The West Virginia Secretary of State – Charities Division
- Surety: The issuing surety provider
As the principal, you promise to comply with all terms stated in Chapter 29, Article 19 of the West Virginia Code. Some of the prohibited acts covered by this bond include the following:
- Misleading people about the organization or how funds are collected/used
- Using a charity’s name or soliciting on behalf of an organization without authorization
- Receiving a contribution greater than $5 in cash without a written receipt
If you break state regulations, you can become liable for repaying bond claims.
How Do I Get My Bond?
Get your WV professional solicitor bond by following these simple steps:
- Apply for a quote.
- Pay the premium.
- File your bond with the Secretary of State.
How Fast Can I Get My Bond?
You’ll get a free quote in one business day or less! However, you’ll receive your bond in the mail based on your preferred shipping method — we offer overnight, two-day and three-day shipping.
How Do I Renew My Bond?
West Virginia professional solicitor bonds expire annually. We send renewal reminders starting 90 days before the expiration date. You can renew online or over the phone by simply paying the renewal invoice.
Can I Make Changes to My Bond?
Your surety provider can often update simple information like name and address with a bond rider. However, larger updates may require a new bond form.
If you’re a current client, start by contacting us with your change request:
- 1(800)308-4358
- [email protected]
