South Carolina Bingo Revenue Bonds

A Bingo Revenue Bond (written on Form L-2066) is a type of surety bond required by the South Carolina Department of Revenue for those licensed pursuant to Title 12, Code of Laws of South Carolina to engage in business activities involving the sponsorship or promotion of bingo games, or the manufacture or distribution of bingo cards in the state. The surety ensures proper payment of all South Carolina state mandated fees, interest, penalties, fines and warrant costs that may become due from the bonded principal to the South Carolina Department of Revenue.