{"id":1394,"date":"2022-09-01T13:29:49","date_gmt":"2022-09-01T18:29:49","guid":{"rendered":"https:\/\/hernandezandassociates.com\/?p=1394"},"modified":"2022-09-01T13:29:50","modified_gmt":"2022-09-01T18:29:50","slug":"what-bonds-do-you-need-for-a-tabc-permit","status":"publish","type":"post","link":"https:\/\/hernandezandassociates.com\/?p=1394","title":{"rendered":"What Bonds Do You Need For a TABC Permit"},"content":{"rendered":"
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Getty Images \/ DNY59<\/figcaption><\/figure>\n<\/div>\n\n\n

What bonds do you need for a TABC permit? Very often, when we first speak with a client we mention bonds. In this post, we will go over what those bonds are and which ones you will need.<\/p>\n\n\n\n

As mentioned there are a few different types of bonds that accompany a TABC permit. The location of the business and type of permit will determine which bonds you need. <\/p>\n\n\n\n

When you apply for a TABC permit you will be required to post a bond or similar security. A majority of our clients do post bonds. What we would like to note is that bonds are not the only route you can go. You can post a CD or cash. <\/p>\n\n\n\n

This being said we do believe that bonds are the most cost-effective way to go. That being said we understand some clients depending on their business history may have issues getting bonds so this is where the alternatives come in. <\/p>\n\n\n\n

Conduct Surety Bond<\/h2>\n\n\n\n

The first bond we will discuss is the Conduct Surety bond. The Conduct Surety bond is a bond that is required state-wide in Texas when you apply for a TABC permit. The Bond amount can be anywhere from $5,000 – $10,000. It will cover any violations that would take place on the premises and is good for 3 years. After the 3 years have passed and no incidences have taken place at the premises you can apply for an exemption. <\/p>\n\n\n\n

Performance Bond<\/h2>\n\n\n\n

The Performance bond is going to cover incidences at the premise such as a breach of peace. What is different about this bond is that it will only be needed if you are applying for a TABC in the following counties:<\/p>\n\n\n\n