Utah Statutes

§ 32B-11-207 — Bond for manufacturing license.

Utah·Title 32B Alcoholic Beverage Control Act·Ch. 32B-11 Manufacturing and Related Licenses Act·Part 32B-11-2 Manufacturing Licensing General Provisions
(1)(1)(a) A manufacturing licensee shall post a cash bond or surety bond in the penal sum of $10,000 payable to the department.
(1)(b) A manufacturing licensee shall procure and maintain a bond required by this section for as long as the manufacturing licensee continues to operate as a manufacturing licensee.
(2)A bond posted under this section shall be:
(2)(a) in a form approved by the attorney general; and
(2)(b) conditioned upon a manufacturing licensee's faithful compliance with this title and the rules of the commission.
(3)If a surety bond posted by a manufacturing licensee under this section is cancelled due to a manufacturing licensee's negligence, the department may assess a $300 reinstatement fee.
(4)No part of a bond posted under this section may be withdrawn during the per

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Legislative History

Enacted by Chapter 276, 2010 General Session

Nearby Sections

15
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