Bond in Support of Application for License or Permit Under the New York Alcoholic Beverage Control Law
Any person or entity applying for a liquor license or permit in the State of New York, including retailers, wholesalers, and manufacturers. Required when: Filing an application for a new liquor license or permit, or renewing an existing license or permit. Exemptions: Holders of a solicitor's permit issued under sectio…
Overview
What it is.
Any person or entity applying for a liquor license or permit in the State of New York, including retailers, wholesalers, and manufacturers. Required when: Filing an application for a new liquor license or permit, or renewing an existing license or permit. Exemptions: Holders of a solicitor's permit issued under sectio…
Who usually needs it
Any person or entity applying for a liquor license or permit in the State of New York, including retailers, wholesalers, and manufacturers.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNYBond amountThe penal sum is prescribed by the Liquor Authority based on the class of licen…Term lengthMatches the license term (typically 1, 2, or 3 years depending on the license class).ObligeeNew York State Liquor AuthorityRenewalA new bond or a continuation certificate must be submitted to the State Liquor Authority along with the license renewal application.Bond classLicense BondCategoryRetail & SalesBondBond in Support of Application for License or Permit Under the New York Alcoholic Beverage Control LawStatutory referenceNew York Alcoholic Beverage Control Law § 112JurisdictionState
