D.C. Code § 22-3226.03: Surety bond requirements for telephone solicitors.
Where this section sits in the code
- Title 22. Criminal Offenses and Penalties.
- Chapter 32. Theft; Fraud; Stolen Property; Forgery; and Extortion.
- Subchapter III-B. Telephone Fraud.
(a)
The application for registration or renewal shall be accompanied by a surety bond in the amount of $50,000. The bond shall provide for the indemnification of any person suffering a loss as the result a violation of this subchapter.
(b)
The surety may terminate the bond upon giving a 60-day written notice to the principal and to the Mayor.
(c)
Unless the bond is replaced by that of another surety before the expiration of the 60-day notice of cancellation, the registration of the principal shall be treated as lapsed.
Collected 2026-08-29T05:44:07Z. Source file · JSON