If you are engaged in the Off Premises Sale of Intoxicating Liquor in Minnesota you are required by the Minnesota Department of Public Safety Alcohol and Gambling Enforcement Division to file a Minnesota Liquor Sale Off Premise Bond as a condition of licensure.
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 Minnesota Liquor Sale Off Premise Bond holds you accountable for your business decisions.
By possessing a Minnesota Liquor Sale Off Premise Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.