What is an Arizona Telephone Solicitation Bond?
A $100,000 Telephone Solicitation Surety Bond is required in Arizona as part of the registration process for telemarketers and telephone solicitors. Arizona defines Telephonic Sellers as anyone engaged in voice communication to a telephone number in Arizona from a live operator, announcing device or other means of offering merchandise for sale or rent.
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Why is an Arizona Telephone Solicitation Bond Required?
The surety bond protects any consumer who incurs financial damage resulting from either the bonded principal's violation of Title 44, Chapter 9, Article 6, Arizona Revised Statutes or the bonded principal's unlawful practices as set out by A.R.S. § 44-1522. The bond provides cumulative aggregate protection for all breaches up to the full bond amount of $100,000.
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