Alabama Commercial Co-Venturers are required under Section 13A-9-71 of the Code of Alabama to file an Alabama Commercial Co-Venturer Bond in the amount of $10,000 as a condition of licensure.
Bonds Express offers an Alabama Commercial Co-Venturer 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 Commercial Co-Venturer Bond holds you accountable for your business decisions.
By possessing an Alabama Commercial Co-Venturer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.