The purpose of the Texas Fee Interest Bond is to guarantee compliance with the Texas Alcoholic Beverage Code and the rules set forth by the Texas Alcoholic Beverage Commission (TABC). Specifically, this bond ensures that certain manufacturers and brewers of alcoholic beverages will meet their financial obligations, including the payment of all applicable state taxes and fees. This bond is written on the TABC Form L-2-18.5.
Bonds Express offers a Texas ABC Fee Interest Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Texas ABC Fee Interest Bond holds you accountable for your business decisions.
By possessing a Texas ABC Fee Interest Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.