MN petroleum distributor bonds.
Flat 3%. Enter your amount.

The bond the Minnesota Department of Revenue can require from a licensed petroleum distributor as a financial guarantee for the fuel taxes and fees it collects, under Minn. Stat. Chapter 296A. The department sets the amount — enter it and we issue the bond at a flat 3% with no credit check.

Tied to a petroleum distributor license under Minn. Stat. Chapter 296A
Guarantees payment of petroleum taxes, fees, and penalties to the Department of Revenue
Flat 3%, no credit pull — enter the required amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard petroleum bond — enter your amount, pay, and file with the Department of Revenue. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your business details, the bond amount the department required, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

File with the Department of Revenue

Submit the executed bond to satisfy your petroleum distributor license requirement. Wet-ink originals mailed whenever the department insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure on your Department of Revenue notice and the premium updates.

$5,000 bond
$275
$10,000 bond
$300
$25,000 bond
$750
About this bond

What it is and who needs it.

What the petroleum bond actually covers

Minnesota taxes petroleum and other fuels under Minn. Stat. Chapter 296A, and licenses the distributors who handle them. A licensed distributor collects fuel tax on the product it moves, and the Department of Revenue can require a surety bond as a financial guarantee that the tax is remitted.

The bond stands behind your obligation to pay all petroleum taxes, fees, fines, penalties, damages, and costs the law imposes. If a distributor fails to remit, the state can recover against the bond — and if the surety pays, you repay the surety.

A bond is not required for every distributor license, and the Department of Revenue determines whether one applies and in what amount, generally tied to your expected tax liability. Enter the figure on your notice and we issue the bond at a flat 3% with no credit check.

Minn. Stat. Chapter 296A (petroleum tax)Minnesota Statutes Chapter 296A imposes the tax on petroleum and other fuels and governs distributor licensing. The Department of Revenue may require a licensed distributor to file a surety bond as security for the payment of petroleum taxes, fees, and penalties; the bond is not required for every license, and the amount is set by the department. Confirm whether a bond is required, and in what amount, against your Department of Revenue notice.

You need this bond if you are

A licensed petroleum distributor the Department of Revenue has asked to post security
Applying for a distributor license the department wants bonded before issuing
Reinstating an account after a late filing or unremitted tax triggered a bond requirement
Changing your tax liability and filing a replacement bond for the new amount

Five minutes, issued on the spot.

Submit the application with the bond amount the Department of Revenue set — the executed bond is generated instantly, ready to file.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Minnesota petroleum distributor bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the Department of Revenue, generally tied to your expected petroleum tax liability. Enter the figure on your notice and the quote updates.
Do I always need this bond? +
Not necessarily. Under Chapter 296A the Department of Revenue determines whether a bond is required for your distributor license and in what amount — it is not mandatory for every license. Check your notice or ask the department.
What does the bond guarantee? +
That you pay the petroleum taxes, fees, fines, penalties, damages, and costs Minnesota law imposes on a licensed distributor. If you fail to remit, the state can recover against the bond — and if the surety pays, you repay the surety.
Is there a credit check? +
No — the petroleum bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
Where do I file it? +
With the Minnesota Department of Revenue, alongside your petroleum distributor license. We issue the executed bond ready to submit.
Related bonds

Other New York bonds.

Petroleum bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount the department set and file the same day.

Your premium @ 3%$300
Apply now →