Those engaged in Motor Vehicle Fuel Distribution in California are required to execute a California Motor Vehicle Fuel Distributor Bond to ensure compliance with Section 7486 of the California Revenue and Taxation Code.
Bonds Express offers a California Motor Vehicle Fuel Distributor 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 California Motor Vehicle Fuel Distributor Bond holds you accountable for your business decisions.
By possessing a California Motor Vehicle Fuel Distributor Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.