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How much will my liquor manufacturer or wholesaler bond cost?
SuretyBonds.com offers liquor manufacturer or wholesaler bonds for just $100 or $120, depending on which specific bond type you need. No credit check is required, so everyone qualifies!
The bond amount required can range from $1,000 to $10,000, depending on the exact license type needed. Applicants can verify the exact amount of coverage needed with the Alcohol and Gambling Enforcement Division.
Why is a liquor manufacturer/wholesaler bond required?
Minnesota liquor manufacturer or wholesaler surety bonds serve as a guarantee that the principal liquor manufacturer or wholesaler will pay all state taxes, licensing fees, penalties, and all other applicable charges in a timely manner. This bond also makes certain that liquor manufacturers and wholesalers operate within the confines of law as defined in Chapter 340A.301 of the Minnesota Statutes.
If you’re ready to get bonded, submit a bond request and an expert surety specialist will contact you right away. Because no credit check is required, you can get the Minnesota liquor manufacturer or wholesaler surety bond you need for just $100 in just 5 minutes!
Do I need a liquor manufacturer/ wholesaler bond?
As a manufacturer and/or wholesaler of the following alcoholic beverages in the state of Minnesota, you are required to obtain a surety bond for:
- Intoxicating liquor
- Wine up to 25% alcohol by weight (unless yours is a Minnesota farm winery, licensed under section 340A.315)
- Beer of more than 3.2% alcohol by weight
What else do I need to know?
Minnesota liquor manufacturer and wholesaler surety bonds are required by the Minnesota Department of Public Safety Alcohol and Gambling Enforcement Division. This specific bond is issued for a set term that corresponds with the licensing period. The license must be renewed yearly.
The principal’s signature on the bond form must be witnessed by a licensed notary.
How to become a liquor manufacturer and wholesaler in Minnesota
Minnesota liquor manufacturer and wholesaler licensees cannot have been convicted of a felony within the past five years or cannot have willfully violated federal, state, or local laws governing the manufacture, sale, or distribution of alcoholic beverages. Licensees also must be of at least 21 years of age.
It’s important to note that liquor manufacturers and wholesalers may not have any ownership or financial interest in a business that retails alcohol.
This bond does not apply to farm wineries in Minnesota. The license must also be renewed yearly.