Before Rhode Island confirms a telephonic seller registration, the Telephone Sales Solicitation Act (R.I. Gen. Laws § 5-61-3.1) requires a security of at least $30,000. Pricing is 1% of the bond amount, with a $100 minimum — the application collects no credit information, and pricing scales with the amount required. Enter the amount required of you and your exact price appears at the application.
















No underwriting queue for the standard $30,000 telephonic-seller bond — enter your amount, pay, and file with your registration. Here is the whole thing:
Your business details, the bond amount required of you, and the effective date — that is the entire application.
The application collects no credit information, so there is no waiting at the $30,000 level — the executed bond is generated as soon as you pay. A higher amount set by the state may get a quick review, which could include a soft credit pull that never affects your score.
Submit the executed bond with your telephonic-seller registration so the state can confirm it. Wet-ink originals mailed whenever the office insists.
Rhode Island's Telephone Sales Solicitation Act (R.I. Gen. Laws Chapter 5-61) requires a telephone sales solicitation operation or telephonic seller to register before doing business in the state. As part of that registration, § 5-61-3.1 requires the seller to file a security — a surety bond, letter of credit, or certificate of deposit — before a confirmation of registration is issued or re-issued.
The security is a minimum of $30,000, and the consumer protection unit may, at its discretion, set a higher amount "to ensure the general welfare of the public." A surety bond is the usual and cheapest way to satisfy it — you pay a one-time premium, starting from $100, instead of tying up the full amount in cash or a bank letter of credit.
The bond runs to the benefit of purchasers and indemnifies them for actual damages arising from the seller's violations of the Act; the statute is clear it does not limit any other right of recovery a buyer otherwise has under law. If the surety pays a claim, you repay the surety — it is a consumer-protection guarantee, not insurance for the seller.
Submit the application with the bond amount required of you — at the $30,000 level the executed bond is generated instantly, ready to file with your registration.
Start the application →Pricing from $100. Enter the amount required of you and file with your registration the same day.