Montana Gasoline and Special Fuel Distributor Bond Guide
If you’re applying for a fuel distributor license in Montana, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect the state if a fuel seller or distributor breaks tax regulations
- Who Needs It: Gasoline and special fuel distributors in Montana
- Regulating Body: The Department of Transportation, Motor Fuel Section
- Required Coverage: $1,000–$100,000
- Premium Rate: $100 for up to $10,000 or credit-based
Learn all about the bond requirements and process in this guide.
What Is a Montana Gasoline and Special Fuel Distributor Bond?
Montana gasoline and special fuel distributor bonds protect the state and the public if a fuel seller, mixer or distributor does not comply with industry and tax regulations.
This guarantees fuel sellers will pay all taxes, penalties and interest owed to the local government, along with operating according to state law.
How Much Do Fuel Distributor Bonds Cost in Montana?
A Montana gasoline and special fuel distributor bond costs a flat rate of $100 for up to $10,000.
If the state requires a larger bond amount, it will cost 1% to 10% based on your personal credit score.
Click below to apply for a quote or buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Gasoline and Special Fuel Distributor Bond?
The Montana Department of Transportation, Motor Fuel Section requires this bond as part of the licensing process for fuel distributors in the state.
How Do I Get My Bond?
With SuretyBonds.com, you can buy a Montana fuel distributor bond up to $10,000 instantly online. Just enter your information and checkout in minutes.
If your bond is over $10,000, you’ll need to apply for a quote. Follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the state as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Montana Fuel Distributor Bond Work?
A fuel distributor bond creates a legal contract between three parties:
- Principal: You, the fuel seller or company filing the bond
- Obligee: The Montana DOT’s Motor Fuel Section requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for paying state taxes and upholding license regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your gasoline and special fuel distributor bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
