Chico California House-to-House Peddling and Soliciting Joint Permit Bond
Know what this surety bond is for and how to get one ASAP!
What is a Chico California House-to-House Peddling and Soliciting Joint Permit Bond?
A company or organization that employs several employees or agents that performs house-to-house peddling or soliciting in the City of Chico is required to get this joint permit bond before a permit is issued.
This requirement is mandated by 5.24.100 of the Chico Municipal Code.
This joint permit bond will serve as an assurance to the City of Chico that the company or organization will submit to the laws of the city and the state. Below are some of the conditions that the permittee must follow:
- The permittee can only peddle or solicit between 9:00 a.m. to 7:00 p.m. or up until sunset.
- The permittee should obey Section 17500.3 of the Business and Professions Code when performing house-to-house peddling or soliciting. The permittee must state his or her name, identify the company or organization that he or she represents, and briefly describe the goods or services being offered.
- If the permittee is soliciting for a charitable organization, he or she must state his or her name to the customer and inform the customer of the charitable organization’s name.
- The permittee must comply with Section 1689.5 of the Civil Code when offering a “home solicitation contract.”
How does a Chico California House-to-House Peddling and Soliciting Joint Permit Bond work?
If the principal or the permitee violates any of the laws, rules, and regulations that governs the permit, the obligee (City of Chico) of the bond will be eligible for financial compensation. The financial compensation can be done by filing a bond claim.
The surety’s (surety bond provider) duty is to ensure that the principal will fulfill his or her obligations and to compensate the obligee if needed.
How much does a Chico California House-to-House Peddling and Soliciting Joint Permit Bond cost?
Bond cost will depend on the permit applicant’s credit score. Those who have excellent credit scores can pay as little as 0.5% to 1% of the bond amount.
The bond amount is $1,000 multiplied by the number of employees or agents. For example, if the company has 15 employees or agents, the total bond amount will be $15,000.
How can I get a Chico California House-to-House Peddling and Soliciting Joint Permit Bond?
SEND US A BOND APPLICATION – We begin the bonding process with an application. You may send your application for this bond HERE!
UNDERWRITING – Once we have received your application, an underwriter will ask you to submit the following important requirements:
- Proof of your financial capability
- Your business’ history
- Your credit score
In order to avoid any delay, make sure that your requirements are complete prior to submitting them.
ISSUANCE – As soon as the underwriter has completed the necessary in-depth check, we will immediately issue the surety bond and send it to you!
Ready to apply? START HERE!