The Tennessee Alcoholic Beverage Bond is a surety bond required for any individual or business selling alcoholic beverages in Tennessee. The bond guarantees compliance with all state laws and regulations related to the sale of alcohol, including taxes and fees. It also protects consumers who may be harmed by any violations committed by the bonded party.

Tennessee Alcoholic Beverage Bond Key points

1. The Tennessee Alcoholic Beverage Bond is a legal requirement for businesses that sell alcoholic beverages in Tennessee.
2. The bond guarantees that the business will comply with all state laws and regulations regarding the sale of alcohol.
3. The bond must be obtained before the business can obtain a license to sell alcohol.
4. The bond amount varies based on the type of license being applied for and the volume of alcohol the business plans to sell.
5. The business must renew the bond annually along with its alcohol license.
6. If the business violates state laws or regulations, the bond may be forfeited and used to pay fines or penalties.
7. The bond principle ensures that the business complies with all laws and regulations related to the sale of alcohol, including age verification and responsible serving practices.