Liquor Bonds

A Liquor Bond is a bond required by the local government to participate in the sale, manufacturing, or warehousing of liquor and/or liquor products. Liquor Bonds are usually rated on the financial strength of the entity applying for it. The Liquor Bond safeguards the government if the company, business or individual is discovered to have been maintaining fraudulent records or is unable to pay on previously collected liquor tax funds.