The Kansas Fuel Distributor’s Bond is required by the Kansas Department of Revenue. The bond amount is set at $1,000 or three months average tax liability, which ever is higher. The bond states that the bondholder will act within the provisions of the Kansas Motor Fuel Tax Laws.
What is the purpose of the Kansas Fuel Distributor’s Bond?
The bond is one of the requirements for those who wish to distribute motor vehicle fuel and special fuel in Kansas. A distributor is required by law to render certain sworn statements and reports to the Director of Taxation. In addition, they are required to pay certain motor fuel taxes, interest, and penalties. The bond is protection for the state. It ensures the distributor will act accordingly.
What are other requirements to Distribute Fuel?
To be a Fuel Distributor in Kansas, applicants must file a completed Distributor Application Form. In addition, they must provide a Financial Statement. If the ownership is a Limited Liability Company (LLC) the applicant must include their Articles of Organization or Articles of Incorporation.
Where can I get a Kansas Fuel Distributor’s Bond?
At Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. After that, one of our surety agents will contact you with a no-obligation quote for the bond premium. Once you decide to move forward with us, you just need to pay the bond premium and choose your shipping options. You can have your Kansas Fuel Distributor’s Bond mailed through USPS priority mail or overnight delivery, for an additional fee.
Surety1 represents over a dozen ”A” rated surety bond providers and has been issuing surety bonds since 2003. We are licensed to operate in all 50 states and maintains an A+ rating by the Better Business Bureau.
Call us toll free at 877-654-2327. We have live surety bond agents available Monday – Friday, 8:00 – 4:30 PST.