D.C. Code§ 22-3226.03
§ 22-3226.03. Surety bond requirements for telephone solicitors
(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.