How Does California Telephonic Seller Bond Work?

A California Telephonic Seller Bond is a financial guarantee required by the state to ensure telemarketers comply with consumer protection laws and ethical business practices. If a telephonic seller engages in fraud, misrepresentation, or violates state regulations, harmed consumers can file claims against the bond for compensation. The bondholder (seller) is ultimately responsible for reimbursing the surety for any valid claims paid out.

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