$350 is your GOOD CREDIT PRICE for an Alabama Motor Vehicle Wholesaler Bond.
Alabama Motor Vehicle Wholesalers are required under Title 40, Chapter 12, Article 8 of the Code of Alabama, 1975 to file an Alabama Motor Vehicle Wholesaler Bond in the amount of $50,000 as a condition of licensure.
Bonds Express offers an Alabama Motor Vehicle Wholesaler Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Alabama Motor Vehicle Wholesaler Bond holds you accountable for your business decisions.
By possessing an Alabama Motor Vehicle Wholesaler Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.