Craft Brewery Surety Bond

Craft Brewery Surety Bond Requirement in Mississippi

In the state of Mississippi, breweries and manufacturers of beer or light wine are required to obtain a brewing permit. As part of this requirement, they must post a surety bond with the Mississippi Department of Revenue. The bond amount can range from $5,000 to $200,000, depending on the specific circumstances.

The surety bond serves as a guarantee that the brewery or manufacturer will comply with all applicable laws and regulations. The bond protects the state and consumers against any potential issues or violations related to the production and sale of beer or light wine.

Obtaining a Craft Brewery Surety Bond

To apply for a craft brewery surety bond in Mississippi, breweries and manufacturers must submit an application and the required bond amount to the state. The cost of the bond is typically 1-3% of the total bond amount, depending on the applicant's credit profile and other factors.

Once the application is approved, the surety bond must be maintained in good standing throughout the duration of the brewing operation. Failure to maintain the bond or comply with regulations may result in penalties or the suspension of the brewing permit.