State bond form L-9 is officially titled the “Bond in Support of Application for License or Permit Under the New York Alcoholic Beverage Control Law” but is more commonly known as the “alcohol license bond” or “liquor license bond.” These bonds require licensed liquor businesses to operate ing to the Alcoholic ...
To obtain a surety bond for a liquor license, it will be necessary to go online and find a surety company that issues liquor bonds for your state. NFP is authorized to sell bonds in all 50 states so we are an excellent choice. We are also the largest and most trusted surety company in the country.
Is Everyone Eligible for a Surety Bond? No, not everyone is eligible for a surety bond. Being eligible for a surety bond typically depends upon two important things: whether claims have been made against your past bonds and your credit history.
A surety bond application is a form required by the surety carrier. It provides the basic information needed about the bond and the principal for the approval process. It also often serves as the legal contract between the surety carrier and the principal.
The bond form is a legal document and must be accepted by all parties to the agreement. The bond form states the terms that the principal must adhere to. A commercial bond form will usually state the general terms of the bond and may also reference corresponding legal statutes.