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Arkansas bonds

Arkansas — Paid Solicitor Bond

Arkansas' paid solicitor application requires a fully executed $10,000 PS-02 bond and supporting registration papers at least 15 days before contract performance begins. Match the solicitor's legal name and registration period, then arrange both principal and surety acknowledgments. The bond must stay current for the registration to remain valid.

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Recorded state
Arkansas
Bond type
Charitable Solicitation / Fundraiser Bond
Category
Business operations & taxes

What this bond does

Provide the accepted PS-02 security for paid solicitor registration with the Arkansas Secretary of State under Ark. Code Ann. §§ 4-28-401–416.

Who needs it
The paid solicitor applying to conduct fundraising work for charitable organizations. Identify the solicitor as principal, not simply the charity receiving the contributions, and disclose the professional telemarketers used.
Who it protects
PS-02 runs to the Secretary of State for Arkansas and persons with causes of action for covered deceptive trade practices, malfeasance or misfeasance by the solicitor or a retained professional telemarketer during solicitation. It requires faithful compliance with the cited charitable-solicitation provisions and other relevant Arkansas law. Recovery is not a guarantee that every campaign will meet its fundraising target.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details for the PS-02 and registration packet

The annual application identifies PS-02 as the appropriate $10,000 bond form and requires it to run in favor of the Secretary of State. Bring the exact legal applicant name, authorized representative and registration ending date so the security matches the application.

Prepare the executed charity contract, notice of entering the contract, any applicable consent for service, and the professional-telemarketer attachments the Secretary requires. The current application asks about employed and subcontracted telemarketers; the bond's covered conduct expressly includes a retained professional telemarketer.

Registration lasts one year and may be renewed for additional one-year periods. Submit the complete application and attachments at least 15 days before starting contract performance. Incomplete submissions are not accepted, and the application directs material-information updates within 30 days of a change.

The selected PS-02 has separate principal and surety representative signatures and separate notarized affirmations. Match each signer's actual authority and entity information; a purchase confirmation is not an executed filing packet.

The surety's cancellation provision calls for written certified-mail notice to the Secretary of State 30 days in advance. Accrued liability and liability arising before that notice period expires remain covered under the document. Multiple recoveries may continue until the stated amount is exhausted.

Sources

Have these ready

  1. Match the solicitor's legal name, authorized signer and registration ending date.
  2. Obtain the accepted $10,000 PS-02 and complete protected condition.
  3. Gather the charity contract, contract notice and applicable service/telemarketer papers.
  4. Arrange both representative signatures and both notarial affirmations.
  5. File the complete packet at least 15 days before contract performance and maintain current security.

Questions about this bond

Is the charity automatically the bond principal?

No. This is the paid solicitor's registration security. Match the actual solicitor applicant and authorized representative to PS-02 and the registration papers.

Can I file the bond without the other registration papers?

The application requires a complete packet, including the appropriate contract and other applicable attachments. It gives a 15-day advance filing requirement and rejects incomplete submissions. Security alone does not authorize solicitation.

What follows Purchase Now?

Propeller's Arkansas Paid Solicitor application opens in a new tab. Match the actual applicant, $10,000 PS-02, registration period, full condition and execution, then complete the Secretary of State filing. Payment alone is not registration or an issued solicitation authorization.

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