$500 is your GOOD CREDIT PRICE for a Rhode Island Motor Vehicle Dealer Bond.
Rhode Island Motor Vehicle Dealers are required to file a Rhode Island Motor Vehicle Dealer Bond to ensure compliance with Chapters 1499 of the Public Laws of Rhode Island.
Bonds Express offers a Rhode Island Motor Vehicle Dealer 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 Rhode Island Motor Vehicle Dealer Bond holds you accountable for your business decisions.
By possessing a Rhode Island Motor Vehicle Dealer Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.