The North Dakota Motor Fuel Tax Bond is required by the Office of State Tax Commissioner. The bond states that the bondholder will perform the obligation to file reports and pay Motor Vehicle Fuel, Special Fuels, Liquefied Petroleum Gas, or Aviation Fuel taxes as required by statute.
What is the purpose of a Fuel Tax Bond?
The bond states that the bondholder will perform the obligation to file reports and pay Motor Vehicle Fuel, Special Fuels, Liquefied Petroleum Gas, or Aviation Fuel taxes as required by statute. No license can be issued without a surety bond. The amount of the bond varies, but it must be in an amount sufficient to cover estimated tax liabilities for a three month period but not less than $1,000 for motor vehicle fuel, $1,000 for special fuel, $500 for liquefied petroleum gas and $500 for aviation fuel.
How do I obtain a North Dakota Motor Fuel Tax Bond?
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.