West Virginia Wine Supplier Bond |
AmeriPro Surety Bonds | 844-589-9732
Wine Suppliers – West Virginia
Wine suppliers and distributors in West Virginia are licensed and regulated by the state’s Department of Revenue. A condition of licensing or renewal of an existing license is that you furnish evidence of a $10,000 surety bond.
The West Virginia wine supplier bond will always have a calendar date which ends on June 30th regardless of when it’s purchased.
Meeting the surety bond requirement is easy, and only takes a few minutes of your time.
Qualifying and the Premium
You are automatically approved for the $10,000 West Virginia wine supplier bond. There is no application as such. Instead, when you call us, we’ll take the following information from you:
- The name that should reflect on your surety bond;
- The business address, email, and phone number;
- If applicable, the Dba name of Principal;
- The type of business (i.e. individual, corporation, partnership, LLC, etc.)
- Your title (i.e. Owner, President, CEO, etc.)
After payment of the $100 premium, this bond is issued to you immediately. We will have your bond notarized as Surety, and upon receipt, you’ll notarize the bond as Principal (documents will be provided).
The West Virginia Alcohol Beverage Control Administration will only accept an original surety bond with a wet signature and a raised seal, which will be sent to you in the mail after the premium purchase.
Additional Premium Payment Options
At $100 premium, your W. Virginia wine supplier surety bond is issued until the next June 30th; thereafter your premium will renew.
The option exists to prepay your bond for up to 3 years, thereby lengthening the time between renewals and offering you a savings. The premium prepayment options and savings are as follows:
- $180 premium if prepaid for 2 years, a $20 savings;
- $260 premium if prepaid for 3 years, a $40 savings.
Purpose of Your Surety Bond Requirement
The wine supplier surety bond is a financial guarantee for the state of West Virginia that all taxes and fees will be paid in accordance with Article 8, Chapter 60 of the West Virginia Code, along with any amendments.
Besides this, the bond is also a financial guarantee of your compliance with all laws as it relates to the supplying of wine in the state.
AmeriPro Surety Bonds provides wine and other alcohol related surety bonds nationwide. We also provide license and permit surety bonds in all 50 states.
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