The Mississippi Alcoholic Warehouse Bond is required by the Department of Revenue, Alcoholic Beverage Control. Before anyone can engage in warehousing and storage of alcoholic beverage, they must present a $10,000 surety bond. This is for importers, vintners, and distillers who want to warehouse and store alcoholic beverages.
What is the purpose of a Mississippi Alcoholic Warehouse Bond?
This bond ensures that the entity will strictly comply with all the laws, rules and regulations of the State. In addition, it ensures that all the taxes due to them by the State of Mississippi will be paid.
This surety bond is not insurance for warehouse, but, for the state. If ever the principal (warehouse) violates the rules and regulations of the state, anyone who has suffered damages or loss may claim the surety bond. The surety company will issue a payout which the principal will reimburse to the surety company.
Where can I get a Mississippi Alcoholic Warehouse Bond?
Our company, Surety1, has been writing Surety Bonds since 2003. Over the years, we have grown to be one of the best in the business. We continue to have an A+ rating from the Better Business Bureau for our excellent service. Be assured that we will only offer the best rates for your surety bond, as we have partnered with over a dozen A-rated companies to do so.
To get your surety bond from us, complete the free, online application form. One of our surety agents will contact you shortly with a no-obligation quote for the bond premium. Once you are ready to proceed, we will collect the premium payment You will also need to sign any necessary paperwork. Next, we will mail out your Alcoholic Warehouse Bond right away. You can have your bond mailed using USPS Priority Mail or overnight delivery (for an additional cost).
We are licensed in all 50 states.