{"data":{"id":"us-ok/okla.-stat.-tit.-37a-37a-5-134","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 37A, § 37A-5-134","heading":"Mixed beverage, beer and wine, caterer, public event or","body":"special event license holders - Bond required for gross receipts tax\n\nliability.\n\nA. Every holder of a mixed beverage, beer and wine, caterer,\n\npublic event or special event license issued by the ABLE Commission,\n\nas a condition precedent to the issuance of a mixed beverage tax\n\npermit, shall furnish to the Oklahoma Tax Commission a bond from a\n\nsurety company chartered or authorized to do business in this state,\n\ncash bond, certificates of deposits, certificates of savings or U.S.\n\nTreasury bond, or an assignment of negotiable stocks or bonds, as\n\nthe Tax Commission may deem necessary to secure payment of the gross\n\nreceipts tax levied upon gross receipts of the licensees.\n\nB. Any surety bond furnished under this section shall be a\n\ncontinuing instrument and shall constitute a new and separate\n\nobligation in the sum stated therein for each calendar year or a\n\nportion thereof while such bond is in force. Such bond shall remain\n\nin effect until the surety or sureties are released and discharged\n\nby the Tax Commission.\n\nC. The Tax Commission, or its duly authorized agent, shall fix\n\nthe amount of such bond or other security for each licensee for each\n\nplace of business after considering the estimated gross receipts tax\n\nliability of such licensee. Such bond shall be no less than an\n\namount equal to the average estimated quarterly gross receipts tax\n\nliability and no greater than an amount equal to three times the\n\namount of the average estimated quarterly gross receipts tax\n\nliability. The minimum bond required for a new permit holder shall\n\nbe not less than One Thousand Five Hundred Dollars ($1,500.00).\n\nD. Notwithstanding the provisions of subsection C of this\n\nsection, if the permit holder has held the permit for at least four\n\n(4) years and is not delinquent in the payment of mixed beverage\n\ntaxes, the Tax Commission shall not require any increase in the bond\n\nso long as the permit holder remains current in the payment of such\n\ntaxes.\n\nE. Any bond or other security shall be such as will protect\n\nthis state against failure of the taxpayer or licensee to pay the\n\ntax levied by Section 108 of this act. The forfeiture or\n\ncancellation of such bond or security, for any reason whatsoever,\n\nshall automatically revoke the mixed beverage tax permit issued\n\npursuant to the provisions of the Oklahoma Alcoholic Beverage\n\nControl Act.","path":["OK Code","Title 37A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os37A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a1631b3606445195ea0515c0072d353a2783e69af65f3fd9fbb3e201b1c812a3","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-37a-37a-5-133","next":"us-ok/okla.-stat.-tit.-37a-37a-5-135"},"notice":"GroundRules: Original legal text. Not legal advice."}