Tobacco Consignment Bond - Alabama Department Of Revenue
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2TOB: TCB
A
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LABAMA
EPARTMENT OF
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9/08
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USINESS
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IVISION
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T
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OBACCO
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ECTION
P. O. Box 327555 • Montgomery, AL 36132-7555 • (334) 242-9627
Tobacco Consignment Bond
Bond Number
_______________________________________
KNOW ALL MEN BY THESE PRESENTS:
That _______________________________________________________________________________________________________
COMPANY NAME
___________________________________________________________________________________________________________,
of _________________________________________________________________________________________________________,
COMPANY STREET ADDRESS
_________________________________________, as Principal, and __________________________________________________,
CITY / STATE / ZIP CODE
SURETY COMPANY
a corporation, duly authorized to transact business in the State of Alabama, as Surety, are held and firmly bound unto the
State of Alabama in the sum of ________________________________________________________________________ Dollars,
GROSS AMOUNT OF BOND
lawful money of the United States of America, for the payment of which well and truly to be made, we bind ourselves, our
heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
Signed, sealed and dated this the ________ day of ____________________________, ________.
WHEREAS, by the Code of Alabama 1975, Section 40-25-5, it is provided that where wholesalers or jobbers are entitled to
purchase stamps at a discount of seven and one-half (7-1/2) percent, instead of the Alabama Department of Revenue sell-
ing said stamps to such wholesalers or jobbers for cash, it may consign such stamps if and when such wholesaler or job-
ber shall give to the Alabama Department of Revenue a good and sufficient bond executed by some Surety Company
authorized to do business in the State of Alabama, conditioned to secure a full and complete accounting and remittance by
such wholesaler or jobber on or before the twentieth day of each month for all stamps purchased for use on taxable tobac-
co products during the preceding month.
AND WHEREAS, in pursuance of the provisions of said statutes, the Alabama Department of Revenue acting for the State
of Alabama has entered into a consignment contract with the said _________________________________________________
COMPANY NAME
__________________________ of _______________________, __________________ providing a full and complete accounting
CITY
STATE
and remittance on or before the twentieth day of each month for all stamps purchased for use on taxable tobacco products
during the preceding month by said Principal; all of which will more fully appear by reference to said consignment con-
tract dated ________________________, _________, hereto attached and made a part of this bond as fully as if it were set
SAME AS DATE ON CONSIGNMENT CONTRACT
forth herein.
NOW THEREFORE, the condition of this obligation is such that if said ____________________________________________
COMPANY NAME
________________________ herein identified as Principal, shall faithfully perform and discharge all of the obligations as set
forth herein and in said consignment contract, then this obligation is to be void; otherwise to remain in full force and effect.
THIS BOND IS EXECUTED BY SAID SURETY COMPANY UPON THE FOLLOWING EXPRESSED CONDITIONS:
(1) Notice of loss, or facts indicating loss, shall be delivered to said Surety Company at its home office in
____________________________________________________________________________________________________________
SURETY NAME
____________________________________________________________________________________________________ or to its
SURETY COMPLETE ADDRESS
duly constituted agents within the City of ________________________________________, within thirty (30) days of such
CITY / STATE
discovery by the Alabama Department of Revenue.
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