Alabama Subterraneans are required under Chapter 28 of Title 2 of the Code of Alabama, 1975 to file an Alabama Subterranean Termite Eradication & Control Work Bond in the amount of $2,500 as a condition of licensure.
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 Termite Eradication and Control Bond holds you accountable for your business decisions.
By possessing an Alabama Termite Eradication and Control Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.