April 11, 2012
You’re Selling Alcohol in Utah; You Need A Surety Bond
The State of Utah has enacted a new bill concerning the selling and storing of alcoholic beverages. The bill, which is named SB 314, requires individuals who store, sell or supply alcoholic beverages as a reception center (companies that lease their property to third parties for hosting events) to obtain a $10,000 surety bond. SB 314 also adds a “beer only” alcohol license requirement for restaurants. In order to obtain the license, a $5,000 surety bond must be acquired.
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