If you are engaged in the distribution of motor or diesel motor fuels in New York you are required under Article 12-A and 13-A of the State of New York Tax Law to file a New York Bond of Distributor of Motor Fuels as a condition of licensure.
Bonds Express offers a New York Bond of Distributor of Motor Fuels 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 York Bond of Distributor of Motor Fuels holds you accountable for your business decisions.
By possessing a New York Bond of Distributor of Motor Fuels, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.