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As a licensed distributor, what amount of surety bond is required?

April 26, 2017distributor licensed surety bond

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As a licensed distributor, what amount of surety bond is required?

2 Answers

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10 Posted

A distributor must post a bond equal to not more than twice their estimated monthly tax liability. The minimum bond amount for a distributor who imports or exports is $25,000.00. 15-70-202; and 15-70-341 The maximum amount the department can require is $100,000.00. ARM 18.9.

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0 Posted

A distributor must post a bond equal to not more than twice their estimated monthly tax liability. The minimum bond amount for a distributor who imports or exports is $25,000.00. 15-70-202; and 15-70-341 The maximum amount the department can require is $100,000.00.