A surety bond is required in Minnesota for those granted a license for the purpose of conducting the business of handling intoxicating liquor as a manufacturer or wholesaler pursuant to the provisions of Minnesota Statutes, Chapter 340A, as amended. The surety bond guarantees payment to the state all taxes, license fees, penalties and other charges required by law relating to the manufacture, distribution or sale of intoxicating liquors, and in accordance with the rules, regulations and decisions lawfully made and issued by the proper authorities of the State of Minnesota. The surety bond also ensures compliance with the terms of the license or any modifications with the provisions of the act of the legislature of the State of Minnesota.