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West Virginia Professional Fundraiser Bond

Category:
West Virginia Secretary of State - Charitable Organization and Professional Fundraisers
State:
West Virginia
Control #:
WV-SKU-0296
Format:
PDF
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Description

Professional Fundraiser Bond West Virginia Professional Fundraiser Bond is a type of surety bond required by the West Virginia Secretary of State's Office for individuals or entities who are engaging in fundraising activities in the state. This bond guarantees that the principal (fundraiser) will comply with all state laws governing their activities, including the West Virginia Code, Title 5, Chapter 6, Professional Fundraisers. The bond also protects donors from any loss or damage resulting from a principal’s mismanagement or fraudulent activities. There are two types of West Virginia Professional Fundraiser Bonds: Charitable Fundraiser Bond and Commercial Fundraiser Bond. The Charitable Fundraiser Bond protects the state and the public from any fraudulent or dishonest acts of the principal, while the Commercial Fundraiser Bond guarantees that the principal will perform their services in accordance with the terms of the contract.

West Virginia Professional Fundraiser Bond is a type of surety bond required by the West Virginia Secretary of State's Office for individuals or entities who are engaging in fundraising activities in the state. This bond guarantees that the principal (fundraiser) will comply with all state laws governing their activities, including the West Virginia Code, Title 5, Chapter 6, Professional Fundraisers. The bond also protects donors from any loss or damage resulting from a principal’s mismanagement or fraudulent activities. There are two types of West Virginia Professional Fundraiser Bonds: Charitable Fundraiser Bond and Commercial Fundraiser Bond. The Charitable Fundraiser Bond protects the state and the public from any fraudulent or dishonest acts of the principal, while the Commercial Fundraiser Bond guarantees that the principal will perform their services in accordance with the terms of the contract.

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