California Fuel Tax Bonds
What is a California Fuel Tax Bond?
Fuel Tax Bonds are types of surety bonds required by the California of Equalization. These surety bonds are commonly required for motor vehicle fuel distributors, users of fuel, and fuel brokers licensed in California to engage in these business activities pursuant to the provisions of the Motor Vehicle Fuel License Tax Law and the Use Fuel Tax Law. The fuel tax surety bonds guarantee payments of all amounts due as required by these laws.