The Maryland Motor Fuel Dealer, User or Seller Bond is required by the State of Maryland. The bond states that the bondholder shall follow the provisions of Tax general Article, 13-825, Annotated Code of Maryland.
The surety bond is an agreement between the principal (which is the applicant or the seller), the state, and the surety company. The bond assures the state that the dealer/seller will faithfully comply with the state regulations and rules regarding the payment of taxes for the use and selling of fuels in the state.The Comptroller shall require an applicant for any license under Title 9 of this article to post security for the motor fuel tax in the amount that the Comptroller requires, but not less than:
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety Solutions Insurance Services, Inc. (Surety1) are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.