Charitable Solicitation Licensing Manual
Attach an applicable bond or other surety in the appropriate amount as follows:
- If contributions received in the last fiscal year were up to $100,000, then the required bond amount is $20,000.
- If contributions received in the last fiscal year were up to $200,000, then the required bond amount is $30,000.
- If contributions received in the last fiscal year were $200,000 and over, then the required bond amount is $50,000.
Bond Information
- The bond must be in effect during the licensing period. Each license is valid for one year and expires on March 31st of each year.
- The bond may be in the form of a rider to a larger blanket liability bond.
- The bond must be signed by the principal obligor and the surety.
- The bond must be with a surety authorized to do business in North Carolina.
- Contact an insurance agent for information on where to obtain the necessary solicitor bond.