Utah Code Title 32B. Alcoholic Beverage Control Act § 32B-2-604. Bond related to package agency

(1)(a) A package agent who has a consignment liquor inventory owned by the state shall post a:

(b) A package agent who has a consignment liquor inventory shall ensure that a consignment surety bond is conditioned upon a package agent's return of the unsold consignment liquor inventory at the termination of a package agency agreement.

(a) in the penal amount of at least $1,000, as the department determines; and

(b) payable to the department.

(a) in a form approved by the attorney general; and

(b) conditioned upon the package agent's faithful compliance with this title, the rules of the commission, and the package agency agreement.

(5)(a) If a surety bond posted by a package agency under this section is canceled due to the package agent's or package agency's negligence, the department may assess a $300 reinstatement fee.

(b) No part of a bond posted by a package agent under this section may be withdrawn:

(6)(a) A bond posted under this section by a package agent may be forfeited if the package agency is revoked.

(b) Notwithstanding Subsection (6)(a), the department may make a claim against a bond posted by a package agent for money owed the department under this title without the commission first revoking the package agency.