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Every person to whom a permit is issued shall, before selling at retail any beverage permitted to be sold under this chapter, execute and file with the Recorder of the city a bond in the sum of $250. The bond shall be conditioned that the principal thereof will pay any fine arising from any violation of this chapter which may be assessed against such principal or any agent or employee thereof by the City Court or any court of competent jurisdiction to which any suit from the City Court is appealed. The bond shall be executed by some solvent surety company authorized to do business in the state or by solvent personal sureties approved by the City Attorney.
(2011 Code, § 8-225)