What Is an Illinois Solicitor License Bond?
Illinois solicitor license bonds protect consumers and the state from unlawful business practices. These bonds are a licensing prerequisite for transient merchants, mobile food vendors, canvassers, peddlers and solicitors in various Illinois cities.
By filing this surety bond, a transient merchant guarantees the local government that they will:
- Pay all taxes, penalties, interests or fees owed
- Conduct business according to local laws and regulations
How Much Do Solicitor License Bonds Cost in Illinois?
All Illinois solicitor and transient vendor bonds are available for instant purchase for a flat rate of $50 for a one-year term. You can save an additional 25% each year by selecting a multi-year term.
Select the bond you need below to buy online in minutes.
How Do I Get a Solicitor Bond in Illinois?
You can buy an Illinois solicitor license bond online on SuretyBonds.com with just three steps:
- Select the bond you need
- Checkout online
- Receive your bond instantly via email
Upon receipt, file the bond with your local licensing authority.
How Does an Illinois Solicitor License Bond Work?
A solicitor surety bond bind three parties in a legal contract:
- Principal: The business or individual purchasing the bond to sell goods in Illinois
- Obligee: The Illinois local government office requiring the bond
- Surety: The company issuing the bond to the solicitor
As a solicitor, if your actions cause damages or financial loss, harmed parties can file a claim on bond. For example, if a merchant is fraudulent and does not deliver goods as promised, a customer can file a claim for reimbursement from the surety.
Who Needs an Illinois Solicitor Bond?
Solicitors, peddlers and other transient merchants must be licensed and bonded in the following Illinois cities:
- Belleville
- Boise
- Champaign
- Fairview
- O’Fallon
- Peru
Visit your local business licensing office for more information on license/permit and bond requirements.
