$50 is your GOOD CREDIT PRICE for a New York Farm Winery / Special Farm Winery Bond.
If you are engaged in the operation of a winery in New York State, you are required to be licensed by the state in order to have authorization to manufacture and wholesale wine made exclusively from NYS grapes. In order to obtain this license, you need to execute a New York Farm Winery / Special Farm Winery Bond in the amount of $1,000 valid for three years.
Bonds Express offers a New York Farm Winery / Special Farm Winery Bond with a 99% approval rate.
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 New York Farm Winery / Special Farm Winery Bond holds you accountable for your business decisions.
By possessing a New York Farm Winery / Special Farm Winery Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.