Bond
Liquor makers, importers, and wholesale dealers who bring alcohol into Missouri for sale must file a bond (a financial guarantee) with the state. The bond amount is between $1,000 and $100,000, set by the state liquor control supervisor. The bond guarantees that the business will pay all taxes owed on the liquor. If a business does not keep a valid bond on file, the state can suspend or take away its license. If a business fails to pay what it owes, the bond is forfeited and the state can sue to collect the money.
311.555. — failure to file — . — Every , including one who blends or bottles , as to all produced or imported by the manufacturer for sale or use for beverage purposes within this state, and the who imports into this state intoxicating liquor manufactured or produced outside of this state for sale or use for beverage purposes within this state, and the who imports or receives intoxicating liquor manufactured or produced without the United States for sale or use for beverage purposes within this state and, therefore, shall be for payment for charges as provided by section 311.553, shall also file with the a bond in an amount not less than one thousand dollars and not to exceed one hundred thousand dollars on a form to be approved by, and with a satisfactory to, the supervisor of liquor control. Such bond shall be upon the manufacturer, out-state solicitor or wholesale dealer paying to the all moneys becoming due from such manufacturer, out-state solicitor or wholesale dealer under this law. The supervisor of liquor control shall fix the of the bond in each case, taking into the amount of intoxicating liquor expected to be sold and used by such manufacturer, out-state solicitor or wholesale dealer, and the penalty by the shall be sufficient in the supervisor's opinion, to protect the state of Missouri against failure to pay any amount due under this law, but the amount of the penalty fixed by the supervisor shall not exceed twice the amount of of a monthly . In no event shall the amount of such penalty be less than one thousand dollars. Failure by any d manufacturer, out-state solicitor or wholesale dealer to keep a satisfactory bond in effect with the supervisor or to furnish additional bond to the supervisor when required hereunder by the supervisor to do so shall be grounds for the or of such manufacturer's, out-state solicitor's or wholesale dealer's license by the supervisor. If a manufacturer, out-state solicitor or wholesale dealer fails to pay any amount due under this law, his bond with the supervisor shall be , and the may institute a suit in its own name on such bond.
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Source & history notes
(L. 1961 p. 43 § 311.553, A.L. 1967 p. 426)
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.