How much does an alcohol manufacturer and wholesaler bond cost in Minnesota?
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 being sought. Applicants can verify the exact amount of coverage needed with the Alcohol and Gambling Enforcement Division.
|Bond Type||Bond Amount||Cost|
|$1,000 Liquor Manufacturer or Wholesaler Bond Brewer (2,000+ Barrels Annually), Wholesaler of Malt Beverages, Micro Brewer (Brews Under 2000 barrels Annually)||$1,000||$100|
|$5,000 Liquor Manufacturer or Wholesaler Bond Wholesaler of Wine, Wine Manufacturer, Farm Winery||$5,000||$100|
|$10,000 Liquor Manufacturer or Wholesaler Bond Wholesaler of Intoxicated Liquor Fee $15,000||$10,000||$120|
Why do I need this bond?
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!
What’s the fine print?
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 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 last 5 years, or 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.