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Tennessee Petroleum and Alternative Fuels Tax Bond

Tennessee Petroleum and Alternative Fuels Tax Bond

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Who Requires the Petroleum and Alternative Fuels Tax Bond and Why Is It Needed?

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

A Petroleum and Alternative Fuels Tax Bond is a type of surety bond required of those applying to the Tennessee Department of Revenue for a license or permit to deal in, transport or use petroleum products or alternative fuels under the provisions of T.C.A. Section 67-3-101 et seq. T.C.A. 67-3-609 and 67-3-610. The surety bond secures the payment of all taxes, interest and fees connected with petroleum products and alternative fuels as set forth under Chapter 3 of Title 67, Tennessee Code Annotated. Furthermore, the surety bond ensures compliance with all requirements and provisions of the state statutes.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Tennessee Petroleum and Alternative Fuels Tax 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 Tennessee surety bonds.

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