Indiana § 6-6-2.5-44 Surety bond or cash deposit; filing by applicants

Indiana Statutes

§ 6-6-2.5-44 — Surety bond or cash deposit; filing by applicants

Indiana § 6-6-2.5-44

Art. 6MOTOR FUEL AND VEHICLE EXCISE TAXES

Ch. 2.5Special Fuel Tax

This text of Indiana § 6-6-2.5-44 (Surety bond or cash deposit; filing by applicants) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-6-2.5-44 (2026).

Text

(a)Concurrently with the filing of an application for a license under this chapter, the department may require the applicant to file with the commissioner a surety bond or cash deposit:

(1)in an amount determined by the commissioner of not less than two thousand dollars ($2,000) or not more than a two (2) month tax liability for the applicant as estimated by the commissioner; and

(2)conditioned upon the keeping of records and the making of full and complete reports and payments as required by this chapter.

(b)If the applicant files a bond, the bond must:

(1)be with a surety company approved by the commissioner;

(2)name the applicant as the principal and the state as the obligee; and

(3)be on forms prescribed by the department.

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(a) Concurrently with the filing of an
application for a license under this chapter, the department may require
the applicant to file with the commissioner a surety bond or cash
deposit:
(1) in an amount determined by the commissioner of not less than
two thousand dollars ($2,000) or not more than a two (2) month
tax liability for the applicant as estimated by the commissioner;
and
(2) conditioned upon the keeping of records and the making of
full and complete reports and payments as required by this
chapter.
(b) If the applicant files a bond, the bond must:
(1) be with a surety company approved by the commissioner;
(2) name the applicant as the principal and the state as the
obligee; and
(3) be on forms prescribed by the department.