Utah Statutes
§ 32B-12-206 — Bond for liquor warehousing license.
Utah·Title 32B Alcoholic Beverage Control Act·Ch. 32B-12 Liquor Warehousing License Act·Part 32B-12-2 Liquor Warehousing License Process
(1)(1)(a) A liquor warehouser licensee shall post a cash bond or surety bond in the penal sum of $10,000 payable to the department.
(1)(b) A liquor warehouser licensee shall procure and maintain the bond required by this section for as long as the liquor warehouser licensee continues to operate as a liquor warehouser 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 the liquor warehouser licensee's faithful compliance with this title and the rules of the commission.
(3)If a surety bond posted by a liquor warehouser licensee under this section is canceled due to a liquor warehouser licensee's negligence, the department may assess a $300 reinstatement fee.
(4)No part of a bond posted under this section
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Legislative History
Enacted by Chapter 276, 2010 General Session
Nearby Sections
15
§ 32B-1-101
Title.§ 32B-1-102
Definitions.§ 32B-1-103
Policy.§ 32B-1-104
Exercise of police powers -- Severability.§ 32B-1-202
Proximity to community location.§ 32B-1-202.1
Proximity for certain hotel and arena licensees.§ 32B-1-203
Licensee compliance with other laws.§ 32B-1-204
Powers of local authority.§ 32B-1-206
Advertising prohibited -- Exceptions.§ 32B-1-208
Percentage lease agreements.§ 32B-1-301
Title.§ 32B-1-302
Definitions.