What is a Georgia Malt Beverage Bond?
Georgia businesses engaged in the wholesale, brewing, distributing, or warehousing or importing of beer or other malt beverages may be subject to surety bond requirements. Specifically, a Malt Beverage Wholesaler Bond or a Malt Beverage Performance and Tax Liability Bond may be required. The surety bonds require prompt pay to the obligee of all taxes, license fees, rental charges, penalties, or interest associated with business operations. The bond is also conditioned upon the principal's faithful compliance with all rules and regulations established by the State Revenue Commissioner and the laws and statutes of the state of Georgia. A surety bond may also be required by the Georgia Department of Revenue for the liquor related businesses operating in Georgia.
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