If you are engaged as a Supplier, Distirbutor or User of Motor Fuels in North Carolina you are required under Subchapter V of Chapter 105 of the State of North Carolina General Statutes to file a North Carolina Motor Fuels Tax Liability Bond as a condition of licensure.
Bonds Express offers a North Carolina Motor Fuels Tax Liability 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 North Carolina Motor Fuels Tax Liability Bond holds you accountable for your business decisions.
By possessing a North Carolina Motor Fuels Tax Liability Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.