Maine professional solicitor bonds.
$375 flat.
Maine licenses professional solicitors — those who raise charitable contributions for a fee — and requires a fixed $25,000 bond under the Charitable Solicitations Act. Ours is $375 flat, set by our carrier’s rate book for this bond. License bonds like this issue instantly.
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How much does a Maine professional solicitor bond cost?
$375 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here’s the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with your license
Your executed bond arrives by email, ready to file with your professional solicitor license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A professional solicitor is a person or firm that, for a fee, raises charitable contributions from the public on behalf of a charity. Maine regulates them under the Charitable Solicitations Act (9 M.R.S. ch. 385), administered by the Office of Professional and Occupational Regulation, and conditions the license on a $25,000 bond.
The bond is a donor-and-charity protection guarantee: it stands behind the solicitor’s compliance with the Act — proper accounting of funds raised, honest representations, and timely remittance to the charity. Under 9 M.R.S. §5008 the bond limit must be not less than $25,000, and its expiration cannot be earlier than November 30 of the following license year.
It is a three-party guarantee, not insurance for you: if a solicitor mishandles charitable funds and someone is harmed, they can claim against the bond — and if the surety pays, you repay the surety. We track the November 30 renewal and notify you 60 and 30 days out.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to November 30 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, November 30, in the year your term ends.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your license. Your executed bond arrives by email, ready to file with your professional solicitor license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $375 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check. The bond is tied to the statutory November 30 renewal date.
Start the application →Common questions.
Other Maine bonds.
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Price and requirements checked on the carrier’s application, . Page updated .
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$375 flat, no credit check, bond often issued in the same sitting. Free until issued.