Virginia Malt Beverage Manufacturer, Bottler and Wholesaler Bonds
Virginia Malt Beverage Manufacturer, Bottler or Wholesaler Bond Information
This surety bond is required by Virginia manufacturers, bottlers or wholesaler, as defined is Section 4.1-239 of the Code of Virginia, licensed by the Virginia Alcoholic Beverage Control Board to sell beer and beverages to licensed retailers. Section 4.1-239 of the Code of Virginia provides that licensed businesses file monthly reports with the board reports showing the quantity of all beer and beverages manufactured, bottled or sold during the preceding calendar month, the amount of tax, if any, for which such person is liable, and other information as required by the board. The business must also pay to the board all excise taxes chargeable or assessable under the provisions of Chapter 4.1 of Title 4.1 of the Code of Virginia.
How Much Does a Malt Beverage Bond Cost in Virginia?
What does a Malt Beverage Bond Protect Against?
The bond guarantees that the principal files all reports as required by Section 4.1-239 of the Code of Virginia including those showing the quantity of all beer and beverages sold during the preceding calendar month, the amount of, penalty and interest. The principal must also pay to the board all such taxes, penalties and interest chargeable or assessable against such principal.