Bond amounts are set by the NY Liquor Authority
New York Liquor Bonds are required by the New York State Liquor Authority. The required bond amount is usually $1,000 but some licensees are required to carry bonds larger than that amount. The New York Liquor Authority requires the L-9 surety bond form which they call a Penal Bond. (See Sample Bond Form)
Additional information about this corporate surety bond requirement is as follows:
Obligee – New York State Liquor Authority
Bond Amount – Set by the Obligee
Renewal Document – Renewal Bond required.
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Completing our application allows the underwriters at our office to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond and get the process going immediately!