N.Y. Comp. Codes R. & Regs. Tit. 9 § 81.1 - Requirement of bond
Each licensee and each permittee of the kinds and classes hereinafter prescribed shall file with the Liquor Authority a bond to the people of the State of New York, issued by a surety company approved by the Superintendent of Insurance as to solvency and responsibility, and authorized to transact business in this State, in the penal sum hereinafter prescribed, conditioned that such licensee or permittee will not suffer or permit any violation of the provisions of the Alcoholic Beverage Control Law or the rules of the State Liquor Authority. All bonds shall undertake that any costs taxed or allowed in any action or proceeding will be paid to the extent of $1,000 in addition to the penal sums specified in this Part.
Notes
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