Alcoholic Beverage Conduct Bond
Serving Dallas, Fort Worth, Carrollton, Arlington, Austin, El Paso, Houston, San Antonio, Irving, Plano, Grand Prairie and throughout Texas.
The conduct surety bond works as a guarantee that you will abide by the code, rules, and laws set up by your state regarding the sale of alcohol.
If a retailer violates such laws, the state can claim their bond. The company holding the guarantee behind the bond is responsible for paying the state the total amount, or up to the amount, of that bond. If the bond is paid, the surety company will then collect the amount paid out from the retailer.
Do I Need a Conduct Surety Bond?
A conduct surety bond is a little different from an alcohol license. Some liquor stores, restaurants, breweries, or wineries, may be required to maintain their existing licenses or permits. If your business serves alcohol but you do not have a food and beverage certificate, or if your gross income comes mostly from the sale of alcoholic beverages, you must also have a conduct surety bond.
How Much Does a Conduct Surety Bond Cost?
The rates for conduct surety bonds vary, and your specific rate would depend on factors such as your credit and your financial standing, as well as the distance between your business and the nearest public school.
The best way to get an accurate idea of how much a Conduct Surety bond would cost for your business is to apply and get a quote.
At TMD Surety Bonds, we pride ourselves in having the lowest rates with known surety companies and fast turnaround times so you can get started quickly and easily.
How To Apply
To start the process, apply online. You can get a quote directly on our website.
You can also contact us for a specific quote. You will be asked to complete an application and send over any required documentation. Your financial statements are not always needed, but may help your case. An agent will contact you and let you know exactly which documents may be required to accompany your conduct surety bond application.
Once your application and all your documentation is received, our agents will work quickly and efficiently to get you the best price possible.
From there, we relay the information and your personalized price quote. The last step in the process is paying your required premium. Once payment is received, you will receive your business's conduct surety bond.
To get started, apply online today!