Form Reg-4-C - Financial Institution Irrevocable Letter Of Credit Bond Liquor Gallonage Tax Page 2

ADVERTISEMENT

You must provide this information to the
fi nancial institution
or insurance company that will be providing your bond.
A separate
bond is required for each location. You will not be issued a certifi cate of registration and cannot be legally registered to do
business in Illinois until we receive your bond. Your bond can be in the form of a
Insurance bond: Form REG-4-B, Financial Responsibility Bond Liquor Gallonage Tax, must be completed entirely by your
insurance company. Your business' name and address must be identical to the information you have registered with us. The
insurance company issuing your bond must
sign;
• stamp their insurance seal;
• assign a bond number; and
• if applicable, attach their power of attorney stating the attorney-in-fact's name.
All of your business' owners, offi cers, or partners must sign the bond. If you are a corporation, the president and secretary must
sign the bond. You must also affi x your corporate seal. Note: The original bond and power of attorney must be sent to us.
Letter of Credit: Form REG-4-C, Financial Institution Irrevocable Letter of Credit Bond Liquor Gallonage Tax, must be
completed entirely by your fi nancial institution. Your business' name and address must be identical to the information you have
registered with us. The fi nancial institution issuing your letter of credit must
• stamp their fi nancial institution seal; and
• send to us the original bank letter of credit containing the seal.
Note: The Letter of Credit must be signed by an authorized offi cer of the fi nancial institution.
Bond amount: To fi gure the amount of your bond, estimate your average monthly liquor tax liability and multiply by 2.
Note: The minimum bond amount is $1,000 and the maximum amount is $100,000.
*ZZZZZZZZZ*
REG-4-C (R-12/11)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2