If you are engaged as a motor fuel distributor in New Jersey you are required under section 54:39-101 et. seq. of the State of New Jersey Statutes Amended to file a New Jersey Distributor of Motor Fuels Tax Bond as a condition of licensure.
Bonds Express offers a New Jersey Fuel Tax Surety Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New Jersey Fuel Tax Surety Bond holds you accountable for your business decisions.
By possessing a New Jersey Fuel Tax Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.