Utah Code 32B-12-206. Bond for liquor warehousing license
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Terms Used In Utah Code 32B-12-206
- 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
- Liquor: includes :
(66)(a)(ii)(A) heavy beer;(66)(a)(ii)(B) wine; and(66)(a)(ii)(C) a flavored malt beverage. See Utah Code 32B-1-102- Liquor warehousing license: means a license that is issued:
(69)(a) in accordance with Chapter 12, Liquor Warehousing License Act; and(69)(b) to a person, other than a licensed manufacturer, who engages in the importation for storage, sale, or distribution of liquor regardless of amount. See Utah Code 32B-1-102(1)(a) A liquor warehouser licensee shall post a cash bond or surety bond in the penal sum of $10,000 payable to the department.(1)(b) A liquor warehouser licensee shall procure and maintain the bond required by this section for as long as the liquor warehouser licensee continues to operate as a liquor warehouser 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 the liquor warehouser licensee’s faithful compliance with this title and the rules of the commission.(3) If a surety bond posted by a liquor warehouser licensee under this section is canceled due to a liquor warehouser 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negligence, the department may assess a $300 reinstatement fee.(4) No part of a bond posted under this section may be withdrawn during the period the liquor warehousing license is in effect.(5)(5)(a) A bond posted by a liquor warehouser licensee may be forfeited if the liquor warehousing license is revoked.(5)(b) Notwithstanding Subsection (5)(a), the department may make a claim against a bond posted by a liquor warehouser licensee for money owed the department under this title without the commission first revoking the liquor warehousing license.