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Along with an application for a license required by section eleven of this article, either a cash bond or a continuous surety bond in the amount or amounts specified shall be filed.
For a distributor license, the amount shall be a minimum of $2,000 or an amount equal to three months' tax liability, whichever is greater, but shall not exceed $300,000. When required by the commissioner to file a cash bond or a continuous surety bond in an additional amount, the licensee shall comply with the commissioner's notification within thirty days after receiving that notification.
For additional information regarding Bonding Requirements, please see the West Virginia Code §11-14C-13.