The Utah Motor Fuel Bond is required by the State of Utah. It functions as a guarantee to the state that the bondholder will comply with the provisions of Title 59, Chapter 13, part 2 of the Utah Code Ann., and pay all taxes, interest, and penalties when due. The amount of the bond varies and will be determined by the commission.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available so we will be able to get you bonded quickly at the best possible price!
What is the purpose of the Utah Motor Fuel Bond?
A surety bond is an agreement between the principal (applicant), the obligee (the state), and the surety bond company. The surety bond does not protect you, rather it protects the public in case they suffer from loss in the event that you violate the rules and regulations of the state.
How do I obtain a Motor Fuel 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.