If you are engaged as a gasoline distributor in New Mexico you are required by the State of New Mexico Tax and Revenue Department to file a New Mexico Gasoline Distributor Tax Bond as a condition of licensure.
Bonds Express offers a New Mexico Gasoline Distributor Tax 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 Mexico Gasoline Distributor Tax Bond holds you accountable for your business decisions.
By possessing a New Mexico Gasoline Distributor Tax Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.