Those engaged in international transport in the State of Virginia are required under the Code of Virginia section 3.2-4739 to file a Virginia IFTA International Fuel Tax Agreement Bond as a condition of licensure.
Bonds Express offers a Virginia IFTA International Fuel Tax Agreement 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 Virginia IFTA International Fuel Tax Agreement Bond holds you accountable for your business decisions.
By possessing a Virginia IFTA International Fuel Tax Agreement Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.