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What is a Liquor Bond?
A liquor bond is a financial guarantee to your State’s Beverage Commission or Comptroller. It is a guarantee that you will conduct your business according to the rules outlined by the Beverage Commission and/or pay all liquor taxes as required by your State. Some of the most common liquor bonds are the Mixed Beverage Gross Receipts bond and Mixed Beverage Sales Tax bond. Both guarantee to the State that the taxpayer will remit on time Gross Receipts and Sales Tax payments. A TABC Conduct Surety bond is often required to liquor permit holders that do not qualify for a Food and Beverage certificate with the TABC. No matter the entity requiring you to obtain a liquor bond, JM Surety will be able to accomodate your request.