(a) A veterans organization solicitor shall post a surety bond with the secretary of state in the amount of:
(1) $5,000 if the solicitor solicits in only one county;
(2) $10,000 if the solicitor solicits in more than one county but fewer than six counties; or
(3) $25,000 if the solicitor solicits in six or more counties.
(b) The bond must be payable to the state and conditioned on compliance with this chapter.