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If you are engaged as a travel agents in the State of Florida, you are required by the Division of Consumer Affairs to execute a Florida Seller of Travel (Travel Agency) Bond to ensure compliance with Sections 559.926-559.939 of the Florida Statutes.
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 Florida Seller of Travel (Travel Agency) Bond holds you accountable for your business decisions.
By possessing a Florida Seller of Travel (Travel Agency) Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.