The New York Distributor of Motor Fuel Bond is required by the New York State Department of Taxation and Finance. The bond states that the bondholder shall faithfully discharge all duties as such distributor pursuant to Articles 12‑A, 13‑A, 28, and 29 of the Tax Law and the regulations of the Department of Taxation and Finance.
The New York Distributor of Motor Fuel Bond is one of the requirements for those who would like to register as motor fuel or diesel motor fuel distributor. You will need to register if you,
The amount for a motor fuel distributor bond should be at least $50,000 while for diesel motor fuel bond, it will be determined by the department.
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 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.