Wine And Liquor Bond {364}

MARYLAND FORM 364 - WINE AND LIQUOR BOND. This form is a surety bond required for businesses that sell wine and/or liquor in Maryland. Filed with the Comptroller of Maryland, this form establishes a financial guarantee—typically in the amount of $5,000—that the licensee (principal) will comply with state tax laws. It ensures that the business will file accurate reports and pay all required wine and liquor taxes, along with any penalties or interest. The bond is executed by both the business and a surety company and remains in effect until properly canceled in accordance with statutory requirements. www.FormsWorkflow.com