Who needs this bond
Sales tax collectors, alcohol and tobacco wholesalers, fuel tax remitters, and other licensees who hold government funds in trust between filings.
Typical amount and term
Bond amount set by the state in statute or rule, usually 1 to 3 times the average monthly remittance. Premium 1 to 3 percent for clean credit, term one to three years.
What you will need
- State license number and copy of the bond form the obligee will accept
- Two years of business financials
- Owner personal credit authorization
How to apply
- Send the obligee bond form and your license details
- Receive a firm quote in one business day
- Sign, pay, and file the issued bond with the state