An Ohio Liquor Control Bond is a type of surety bond required by the Ohio Department of Commerce, Division of Liquor Control, for certain businesses dealing with alcoholic beverages. There are actually two main types of Ohio Liquor Control Bonds:
- D-4 Liquor Permit Bond :
- This bond is required for businesses applying for a D-4 liquor permit, which allows them to sell spirituous liquor (hard liquor) for consumption on the premises.
- The bond amount is $1,000 and guarantees the faithful observance of the requirements set forth in section 4303.17 of the Revised Code for the issuance of a D-4 liquor permit.
- This means that if the business violates any of the liquor laws or regulations, the bond can be used to compensate the state for any damages or unpaid taxes.
- The cost of this bond is usually the minimum premium and fees of $150.00.
- Contract Liquor Agency Bond:
- This bond is required for businesses that act as contract liquor agencies for the Ohio Department of Liquor Control.
- The bond amount varies depending on the specific contract and is typically based on the estimated annual sales volume of liquor.
- The bond guarantees that the agency will comply with all the terms and conditions of the contract and will faithfully perform its duties.
- The cost of this surety bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150.
Regardless of which bond you need, Surety1 will shop its many markets to procure the right price at the right terms.
How to Get an Ohio Liquor Control Bond
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Ohio Liquor Control Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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How to Get Your Ohio Liquor Control Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.