Indiana Alcoholic Beverage Commission Bond
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How much does an Indiana alcoholic beverage commission bond cost?
Indiana alcoholic beverage commission bond costs start at $100 annually. Your personal premium will depend on your license classification and its bond amount.
- The $1,000 bond for vintners costs $100 annually.
- The $10,000 bond for brewers, distillers, or liquor wholesalers costs $120 annually.
- The $15,000 bond for rectifiers costs $180 annually.
How do you get an alcoholic beverage commission bond in Indiana?
You can purchase your Indiana alcohol permit bond online 24/7. Simply select the bond type required for your license, and provide the following information for Alcoholic Beverage Commission bond form filing approval.
- licensee name
- licensee address
- license type
- permit number, if available
Once your payment has been processed, your official Indiana bond form will be sent to your email instantly.
How fast can I get the alcohol beverage surety bond?
SuretyBonds.com offers instant Indiana alcoholic beverage commission bond delivery 24/7. Buy now to receive your official bond in minutes by email.
What is an Indiana alcohol permit bond?
Indiana General Assembly Law IC 7.1-3-1-7 requires vintners, brewers, distillers, liquor wholesalers, and rectifiers file a surety bond before they will be issued a permit. State form 47540 is officially titled “Surety Bond” but is more commonly known as the "Indiana alcoholic beverage commission bond." This bond specifically requires alcohol licensees to comply with all terms of their permit as well as all provisions and obligations outlined in “An Act Concerning Alcohol and Alcoholic Beverages, Liquids, and Substances and to Promote Temperance Repealing Laws and Parts of Laws, and Declaring an Emergency.” This bond protects the state and its consumers from alcohol licensees who fail to comply with liquor laws.
Why is an Indiana alcoholic permit bond required?
By filing this bond for your alcohol permit, you agree to adhere to all applicable liquor license regulations including, but not limited to, the following.
- Refrain from selling alcohol on Sundays, unless you operate authorized sporting events or races.
- Only transport alcoholic beverages in lawful containers as outlined in Indiana code.
- Post your approved licenses and applications where the public can see them.
Who regulates alcohol licensees?
The Indiana Alcohol and Tobacco Commission enforces requirements for the state's alcohol licensees. If you have questions about the application process, the ATC advises you call 1(317)232-2430. If you have questions about your facility permit, the ATC advises you contact the processor assigned to your county.
How do I update my alcoholic beverage commission bond form?
If the Indiana Alcohol and Tobacco Commission requires your bond to be updated for any reason, contact your bond company. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are the permit applicant's name or address.
How do I renew my Indiana alcoholic beverage commission bond?
You should renew your alcoholic beverage bond before its current term expires. Once you pay your renewal invoice, renewal instructions will be sent to keep your bond active for your next permit term.
How do you get an Indiana alcoholic beverage commission permit?
The Indiana Alcohol and Tobacco Commission recommends you apply for your alcohol permit at least 90 days before your anticipated open date.
Complete the steps below to apply for your Indiana alcohol permit.
- Determine your license type.
- Complete your application.
- Upload the required documents.
- Pay the required fees.
- Purchase and file the correct bond type in the required bond amount.
How are Indiana alcohol permit bond claims paid?
If you fail to comply with Indiana code liquor license laws, your issuing surety company will pay valid claims to harmed individuals up to your full bond amount. You would then be required to reimburse your surety bond company in full for any claims paid.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
