Texas Fee Interest Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing: Texas Alcoholic Beverage Commission
The $30,000 Texas fee interest bond is required brewery manufacturers operating in the state. This bond requirement encompasses both brewers and manufacturers as defined by the state.
The requirement is for the benefit of the Texas Alcoholic Beverage Commission.
Qualifying and the Premium
Obtaining the $30,000 Texas fee interest bond requires a short surety bond application, a review by an underwriter, and a credit inquiry.
Our agency can begin the application with you over the phone, but you’ll need to sign the application prior to the underwriter review.
Good credit is required for approval through agency, and the rate is 1% or $300.
Once your fee interest bond has been approved and the premium paid, our agency issues it to you immediately.
We will notarize your bond as Surety; upon receipt, you’ll notarize your bond as Principal. All documents, including the Power of Attorney form will be filed to:
Texas Alcoholic Beverage Commission
P.O. Box 13127
Austin, TX 78711
Premium Prepayment Options
The premium for the $30,000 Texas fee interest bond renews on the anniversary of its issuance.
Your bond’s $300 premium may also be prepaid for 3 years. Besides lengthening the interval between surety bond renewals, you save over annual premium renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $540, a $60 savings;
- If prepaid for 3 years, the premium is $780, a $120 savings.
Purpose Of Your Surety Bond Requirement
This surety bond is a financial guarantee of your compliance with all rules of the Texas Alcoholic and Beverage Code, as amended.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and probate surety bonds in all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…