The Rhode Island Motor Fuel Bond is required by the State of Rhode Island and Providence Plantations, Division of Taxation. The bond states that the bondholder shall pay all taxes, interest, and penalties or forfeitures according to the provisions of the amended 1956 General Laws.
The bond amount is based upon an estimate of the average annual tax to be paid by the distributor. As set forth in the Rhode Island General Laws.
Individual’s who have applied to the Tax Administrator for certification as a Motor Fuel Distributor must be bonded. It is one of the licensing requirements.
Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price.
Submit with the application the following items:
Surety1 can easily get you the bond that you need. You can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets.
First, start the process by completing our easy to navigate, free online application form. Next, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, we’ll collect the premium payment and have you sign the agreement. Lastly, your Rhode Island Motor Fuel bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.
Surety1 has been in the business since 2003. We are licensed in all 50 states and our services have earned an A+ rating from the Better Business Bureau.