The Arizona Motor Fuel Supplier Surety Bond is required by the Arizona Department of Transportation. The bond amount is set by the AZ DOT. The bond is required to help ensure that all fees and taxes are distributed to the correct departments, as well as following all laws and regulations put forth by the AZ DOT for Motor Fuel Suppliers.
Under the Arizona Revised Statutes Title 28, Chapter 16 or the Arizona Motor Fuels Law, anyone who wishes to be a motor fuel supplier in the state must be licensed. There are quite a few requirements that must be met in order to be licensed. You can look through the application packet found at the website for more information.
One important need you should submit is a surety bond issued by a surety company. The amount varies as it will be set by the department. This bond ensures the state that you will pay all taxes and fees due you and perform all duties required by the law.
In most cases, you can actually get your approved in just one business day. Surety Solutions Insurance Services, Inc (Surety 1) has made the process easier. Simply fill out our online application form and you’ll soon hear from one of our surety experts with a quote for your bond.
Our company has been issuing Arizona surety bonds since 2003, and we are licensed to do so in all 50 states. Not only that, our quality service has also earned us a rated A+ from Better Business Bureau. We can offer you competative prices (we represent over a dozen “A” rated surety bond companies) and the best service for your Arizona Motor Fuel Supplier surety bond needs.