Conduct Surety Bond Form. This is a Texas form and can be use in Alcoholic Beverage Commission Statewide.
Tags: Conduct Surety Bond, 2-60.2, Texas Statewide, Alcoholic Beverage Commission
Page 1 of 2 Form 2-60.2 (0/201) CONDUCT SURETY BOND 2-60.2(0/201) BOND NUMBER (1) KNOW ALL MEN BY THESE PRESENTS: (For Surety Company222s Use) THAT WE, (2) as PRINCIPAL, and (3) as SURETY, duly authorized and qualified to do business as a surety company in this State, are firmly bound unto THE STATE OF TEXAS in sum of (4) dollars payable at Austin, Travis County, Texas, and for the payment of which, well and truly to be made, PRINCIPAL binds himself, his heirs, executors and administrators, jointly and severally, or itself, its successors and assigns, and the SURETY binds itself, its successors and assigns, firmly by these presents. WHEREAS, PRINCIPAL is the holder of (5) (Type of Permit/License 226 See reverse side) granted the privileges by said permit to be exercised in the city of (6) (If not located in a city/town, leave blank and insert county name in #7) (7) County, Texas, pursuant to the provisions of the Texas Alcoholic Beverage Code. NOW, THEREFORE, THE CONDITION OF THE OBLIGATION is such that the Principal shall faithfully conform with the Texas Alcoholic Beverage Code and Rules of the Commission. If the holder of this permit or license violates a law of the state relating to alcoholic beverages or a rule of the commission, the amount of the bond shall be paid to the state, SUBJECT, HOWEVER, to the following terms and conditions: 1.This bond shall become effective on the date of the issuance of above permit or license by the Texas AlcoholicBeverage Commission and shall remain in full force and effect until cancelled, and thereinafter provided, or untilsuch permit or license and succeeding renewals of the permit or license have expired. 2.This bond may be cancelled as to liability for future defaults at any time by the SURETY, upon giving thirty (30) days written notice, in which event the liability of the SURETY shall at the expiration of said thirty (30) days, cease an d terminate, it being understood that the SURETY shall be liable for the default of the PRINCIPAL in fully discharging any liability on his or its part as above set forth, accruing during the life of the permit or license,and while this bond is in full force and effect. 3.The liability of the SURETY shall not exceed the amount above stated. PRINCIPAL SURETY COMPANY IN TESTIMONY, WHEREOF, said PRINCIPAL has hereunto subscribed his or their names or has cause this instrument to be signed by its duly authorized officers and its corporate seal to be hereunto affixed this date: A.D., SIGN HERE (Signature of Principal) PRINCIPAL MUST BE SHOWN AS: WHO MUST SIGN: IN TESTIMONY WHEREOF, said SURETY has caused t his instrument to be signed by it duly authorized officers and its corporate seal to be hereunto affixed this date: A.D., SIGN HERE (Signature of Attorney-in-Fact for Surety Company) (Surety Company Name) (Surety Company Mailing Address) ( ) - (Surety Company Area Code and Phone Number) ( ) - (Agent222s Area Code and Phone Number) Proprietorship - individual owner - individual Partnership - all partners222 names - partner Corporation - corporate name - officer Limited partnership - partnership name & general partner - general partner Limit ed liability partnership - partnership name & all partners - general partner Limited liability company - company name - officer/manager Private Club - club name, if corporation, corporate name - officer (COMPLETE NEXT PAGE) American LegalNet, Inc. www.FormsWorkFlow.com Page 2 of 2 Form 2-60.2 (0/201) ACKNOWLEDGMENTS No. 1 (FOR PRINCI PAL) BEFORE ME, the undersigned authority in and for said State on this day personally appeared known to me to be the person whose name is subscribed to the (Name of Principal) foregoing instrument, and acknowledged to me that he or she executed the same, for the purposes and considerations therein expressed. Given under my hand and seal of office, this date A.D., SIGN (S E A L) HERE Notary Public No. 2 (FOR SURETY COMPANY) BEFORE ME, the undersigned authority in and for said State on this day personally appeared known to me to be the person whose name is subscribed to the (Name of Attorney-in-Fact) foregoing instrument, and acknowledged to me that he or she executed the same as the act and deed of the surety company thereof, and for the purposes and considerations therein expressed, and in the capacity therein stated. Given under my hand and seal of office, this date A.D., SIGN (S E A L) HERE Notary Public NO. 1 226 PRINCIPAL - ACKNOWLEDGMENT Name of principal who signed the bond must be shown. Notary public must date, sign the acknowledgment and affix notary seal. NO. 2 226 SURETY COMPANY - ACKNOWLEDGMENT Name of attorney-in-fact who signed the bond must be shown. Notary Public must date sign the acknowledgment and affix notary seal. I N S T R U C T I O N S 1.As required under Section 11.11 and 61.13 of the Texas Alcoholic Beverage Code, this bond must accompany all originalapplications for the licenses/permits listed below unless you qualify to hold a Food and Beverage Certificate and are in theprocess of applying for a Food and Beverage Certificate. For renewals, if you hold a Food and Beverage Certificate and arerenewing the certificate, you do not have to submit this bond. If the original/renewal application for the Food and BeverageCertificate is not approved, a bond will be required. Type of Permit Bond Amount Type of Permit Bond A mount Mixed Beverage Permit (MB) Private Club Registration Permit (N) Private Club for Beer and Wine Permit (NB) Private Club Exemption Certificate Permit (NE) Wine and Beer Retailer222s Permit-Excursion Boat (V) Wine and Beer Retailer222s Permit-Railway Car (Y) Wine and Beer Retailer222s Permit (BG) Retail Dealer222s On Premise License (BE) *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 *$5,000 or $10,000 Package Store Permit (P ) Wine Only Package Store Permit (Q) Wine & Beer Retailer222s Off Premise Permit (BQ) $10,000 $10,000 $10,000 Only required if the business is located within 1000 feet of a public school measuring from property line to property line 2.*$5,000/$10,000 226 A bond is required in the amount of $5,000 unless the business is located within 1,000 feet of a public school measuring from property line to property line. If within 1,000 feet of a school, a bond in the amount of $10,000 will berequired. 3.On the face of the bond: No. (1) must indicate bond numberNo. (5) type of permit/license as shown above No. (2) name of principal No. (6) city of business location No. (3) the surety company name No. (7) county of business location No. (4) bond amount 4.Ensure the principal date is entered and the principal has signed the bond. 5.The attorney-in- fact must date the bond; sign his/her name, enter surety company name, surety mailing address and surety telephone number. 6.Power of Attorney authorizing attorney-in-fact to sign for Surety Company must attached. 7. This form will not be accepted with any alterations or whiteouts on the face of the bond. Bond riders will be accepted from bonding company to correct errors noted by the Commission. Corrections in the acknowledgments will be accepted if the notarypublic has initialed the correction made thereon. American LegalNet, Inc. www.FormsWorkFlow.com