Professional fund raisers in New Jersey are required to furnish a surety bond as required by the Charitable Registration and Investigation Act (CRI Act), N.J.S.A. 45:17A-27(g). The surety bond is needed for those having applied to the Attorney General for registration as independent paid fund raisers or fund raising counsel for a charitable organization required to register pursuant applicable sections of the the CRI Act. The surety bond is issued for the benefit of any person who may have a cause of action against the fund raiser for any violation of the CRI Act by the independent paid fund raiser or fund raising counsel or by a solicitor, agent or employee of the fund raiser in the aggregate the said sum of the Twenty Thousand Dollars ($20,000).
