Utah Code 32B-11-207. Bond for manufacturing license
Current as of: 2024 | Check for updates
|
Other versions
(1)
Terms Used In Utah Code 32B-11-207
- Commission: means the Alcoholic Beverage Services Commission created in Section
32B-2-201 . See Utah Code 32B-1-102 - Department: means the Department of Alcoholic Beverage Services created in Section
32B-2-203 . See Utah Code 32B-1-102 - License: means :(62)(a) a retail license;(62)(b) a sublicense;(62)(c) a license issued in accordance with Chapter 7, Part 4, Off-premise Beer Retailer State License;(62)(d) a license issued in accordance with Chapter 11, Manufacturing and Related Licenses Act;(62)(e) a license issued in accordance with Chapter 12, Liquor Warehousing License Act;(62)(f) a license issued in accordance with Chapter 13, Beer Wholesaling License Act; or(62)(g) a license issued in accordance with Chapter 17, Liquor Transport License Act. See Utah Code 32B-1-102
- Licensee: means a person who holds a license. See Utah Code 32B-1-102
- manufacturing license: means an alcoholic product manufacturing license issued under this chapter. See Utah Code 32B-11-102
(1)(a) A manufacturing licensee shall post a cash bond or surety bond in the penal sum of $10,000 payable to the department.(1)(b) A manufacturing licensee shall procure and maintain a bond required by this section for as long as the manufacturing licensee continues to operate as a manufacturing licensee.
(2) A bond posted under this section shall be:
(2)(a) in a form approved by the attorney general; and
(2)(b) conditioned upon a manufacturing licensee’s faithful compliance with this title and the rules of the commission.
(3) If a surety bond posted by a manufacturing licensee under this section is cancelled due to a manufacturing licensee’s negligence, the department may assess a $300 reinstatement fee.
(4) No part of a bond posted under this section may be withdrawn during the period the manufacturing license is in effect.
(5)
(5)(a) A bond posted by a manufacturing licensee under this section may be forfeited if the manufacturing license is revoked.
(5)(b) Notwithstanding Subsection (5)(a), the department may make a claim against a bond posted by a manufacturing licensee for money owed the department under this title without the commission first revoking the manufacturing license.