Alabama Management Entities are required under 22-25B-1 of the Code of Alabama, 1975 to file an Alabama Management Entity Financial Responsibility Bond as a condition of licensure.
Bonds Express offers an Alabama Management Entity Financial Responsibility 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 Management Entity Financial Responsibility Bond holds you accountable for your business decisions.
By possessing an Alabama Management Entity Financial Responsibility Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.