Telephonic Seller Registration Manual
Within forty-five (45) days after the specified date of the award of the gift or prize, the seller needs to notify the Secretary of State, in writing, proof that the gifts or prizes have been awarded. The writing shall include:
- Name, address, and telephone number of all persons receiving awards or prizes
The bond shall be maintained until the Secretary receives reliable proof that the gifts or prizes have been delivered to the intended recipients.
The Attorney General, on behalf of any injured purchaser, or any purchaser who is injured by the bankruptcy of the telephonic seller or its breach of any agreement entered into in its capacity as a telephonic seller, may initiate a civil action to recover against the bond.
Consumer’s Guide to Surety Bonds
The Consumer’s Guide to Surety Bonds page is a digital copy of the Department of Insurance’s guide about surety bonds. This brief guide contains a glossary of important terms related to surety bonds along with contact information and a complaint form.
Note: This guide is three pages in length.
What We Do
The What We Do section has a description of what the Telephonic Seller Registration office does: “We register telephonic sellers that fall within Chapter 66, Article 33 of throughout the promotion until satisfied the recipients of the awards have received their gifts or prizes.”