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Minnesota Fuel or Petroleum Distributor Bond

Minnesota Fuel or Petroleum Distributor Bond

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Who Requires the Fuel or Petroleum Distributor Bond and Why Is It Needed?

Gas Station. Fuel Tax Bond for businesses that use, sell, distribute, or mix motor fuel.

A Petroleum Surety Bond is a type of fuel tax bond required of licensed distributors by Minnesota law to ensure state petroleum taxes and fees are paid as required. The bond is written to the Minnesota Department of Revenue for licensed distributors who will be or are currently licensed in accordance with Minnesota Statutes, Chapter 296A. The surety bond ensures that the distributor honors the provisions of the Minnesota petroleum tax laws, pays all taxes, fees, fines, penalties, damages and costs as mandated by state laws.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Minnesota Fuel or Petroleum Distributor Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Minnesota surety bonds.

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