Surety Bond Posted to Secure Performance Under Title 32, Chapter 369 Liquor Excise Tax
Licensed importers, brewers, or winemakers of intoxicating liquor. Required when: Application for a liquor license (importer, brewer, or winemaker). Exemptions: The Department of Taxation may waive the bond requirement if the licensee has maintained a satisfactory record for payment of excise taxes for 5 consecutive y…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: "The bond must be in a principal sum equal to the greatest excise tax paid by t…. Other available requirements: "The bond must be in a principal sum equal to the greatest excise tax paid by the importer, brewer, or wine maker in any quarter of the preceding year, but not less than $1,000. The Department of Taxation sets minimum requirements: Beer on…. Exact options still depend on the obligee, state, and underwriting.
