Those seeking authorization to purchase West Virginia Soft Drinks Tax Crowns are required by the provisions of Chapter 11, Article 19 of the Code of West Virginia to file a West Virginia Soft Drinks Tax Crown Purchase 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 West Virginia Soft Drinks Tax Crown Purchase Bond holds you accountable for your business decisions.
By possessing a West Virginia Soft Drinks Tax Crown Purchase Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.