Those looking to do business in Illinois related to cigarette distributors, cigarette machine operators, tobacco products distributors, motor fuel distributors, motor fuel suppliers, motor fuel receivers, liquor distributors, direct wine shippers, or liquor airlines are required by the Illinois Department of Revenue to execute an Illinois Financial Responsibility Bond to ensure compliance with licensure. This bond is written on the REG 4-A form.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Financial Responsibility (REG-4A) Bond holds you accountable for your business decisions.
By possessing an Illinois Financial Responsibility (REG 4A) Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.