Members of the Alcoholic Beverage Control Commission (ABC) in the State of North Carolina must follow a new law that was recently enacted. The new law is labeled HB 1717 and amplifies the quantity of the required surety bond for both the local board members of the Commission and the local store administrators from $5,000 to $50,000. The new law would have initially boosted the required surety bond quantity up to $100,000 but the law was modified.
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North Carolina Alcoholic Beverage Control Commission Bond
August 23, 2010 by Eric WeisbrotDiscuss: Comments (0)
Category: Commercial Bonds, Misc. Commerical Bonds, Surety News
Tags: Alcoholic Beverage Control Commission Bond, bond requirements, legislation, NC, North Carolina, surety bond
