In order to legally sell, import, distribute, or manufacture alcohol in the state of New York, you must have a liquor license. For most liquor licenses and permits, the State of New York Liquor Authority requires you to post a New York Alcohol L9 Liquor License or Permit Bond (also referred to as the NY Alcohol Tax Bond).
This surety bond is a legally binding agreement between three parties: the business selling, importing, distributing, or manufacturing alcoholic beverages (the principal), the New York Liquor Authority (the obligee), and the surety company.
The bond guarantees that the principal pays any taxes or fees to the obligee for their business operations. It also guarantees the principal's compliance with New York laws and licensing regulations.
If the principal fails to operate according to relevant laws and regulations, the injured party may file a claim against the principal’s bond. After an investigation into the validity of the claim, the surety may compensate the affected party for damages up to the total bond amount. For instance, the state may recover unpaid taxes through this bond.
Unlike insurance policies, surety bonds require the principal to reimburse the surety after a claim is paid out. The bond does not act as a form of protection for the principal.
Any business that sells, distributes, or manufactures alcohol operating in the state of New York must be licensed or have a permit in order to do so legally. However, not every type of permit or license requires obtaining a surety bond.
This bond is required for businesses that fall into any of the following licensing categories:
Since there are many different licenses and permits available within the above categories, be sure you apply for the correct one for your business needs.
For a list of all of the licenses as well as each of their requirements, visit the website of the State of New York Liquor Authority.
The bond amount for the NY Alcohol L9 Liquor License Bond is $1,000. Fortunately, you only have to pay a $100 premium in order to obtain this bond. No credit check is required. With EZ Surety Bonds, you can buy this bond today by filling out this short online application and submitting your payment.
The New York State Liquor Authority is the obligee (the entity) that requires the NY Alcohol L9 Liquor License Bond. Below are their contact details:
New York State Liquor Authority
80 South Swan Street, Suite 900
Albany, NY 12210
Phone (Licensing): 518-474-311
Email: Licensing.Information@sla.ny.gov
At EZ Surety Bonds, our goal is to make the process of obtaining a surety bond as convenient as possible. Complete our simple online application, make your payment, and we will mail the original bond document to you.
If you have any questions at all or need assistance, please contact us at bonds@southcoastsurety.com or call 1-800-361-1720.
Manufacturers, distributors, or sellers of alcoholic beverages in NY may apply for their license or permit online at the State of New York Liquor Authority’s website. Simply follow the steps below:
During your application, you may select the term length of your license, with the minimum being one year.
Your temporary operating permit can take up to 30 days to be approved, while the actual license could take more than 200 days to be approved.
The bond amount for the NY L9 Liquor Tax Bond is $1,000; consequently, the premium is only $100. There is no credit check required, and you can purchase your bond instantly online on our website.
After you purchase the bond, we will mail the original bond document to you. Most obligees require you to file the original bond with them (usually signed by the principal), although some obligees may approve of an electronic copy. Every obligee has its own unique filing requirements, so be sure to confirm your obligee's filing requirements before doing anything with your bond.
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.
