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If you are engaged as a burglar alarm contractor in Rhode Island, you are required under Title 5, Chapter 57, G.L.R.I. to file a Rhode Island Burglar Alarm Business Bond 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 Rhode Island Burglar Alarm Business Bond holds you accountable for your business decisions.
By possessing a Rhode Island Burglar Alarm Business Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.