MS wholesale tobacco dealer bonds.
From $100. Enter your amount.
A licensed wholesale dealer in taxable tobaccos can have Mississippi tax stamps consigned without advance payment — but only against a surety bond given to the Commissioner under Miss. Code Ann. § 27-69-75, conditioned to secure payment for the stamps consigned. The Department of Revenue sets the amount; premiums cost 1% of the bond amount, with a $100 minimum. The application collects no credit information.
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Apply to filed in one sitting.
No underwriting queue for a standard stamp-consignment bond — enter the amount the DOR set, pay, and file. Here is the whole thing:
Apply online
Your business details, the bond amount the Department of Revenue set, and an effective date. That is the entire application — no financials, no credit section.
Issued
The application collects no credit information, and most applications approve instantly — the bond issues the moment you pay. Larger amounts may get a brief look first.
File with the Department of Revenue
Your executed bond and power of attorney arrive by email on Form 99-940, ready to file with the Department so stamps can be consigned to you. The Department approves the bond on its face before consignment starts.
What it is and who needs it.
What the wholesale tobacco bond actually guarantees
Mississippi collects its tobacco excise through stamps, and the Tobacco Tax Law (Miss. Code Ann. Title 27, Chapter 69) makes the licensed wholesale dealer the party who buys and affixes them. Wholesalers entitled to the stamp discount can have stamps consigned to them without advance payment — a real working-capital advantage, since stamp inventory on a full truckload is not a small number — and § 27-69-75 is the provision that allows it.
The condition is the bond. The statute requires the wholesaler to give the Commissioner a good and sufficient bond executed by a surety company authorized to do business in this state, conditioned to secure the payment for the stamps so consigned, and the Commissioner must require payment for those stamps no later than 30 days from the date they were consigned. On the Department’s Form 99-940, the obligation runs to the State of Mississippi and is discharged only if the principal pays and accounts for every stamp consigned, when and as the law requires.
There is no statutory dollar figure — the Commissioner sizes the bond to the exposure, and the form lets the amount be increased or decreased by rider subject to the Commissioner’s approval, so it moves with your volume rather than being reset from scratch. The surety may cancel on 60 days’ written notice to the Department, and cancellation does not relieve principal or surety of liability for a default that happened first. Enter the figure the Department set for you; premiums cost 1% of the bond amount, with a $100 minimum.
You need this bond if you are
One application, issued instantly.
These are the actual issuing fields. Enter the bond amount the Department of Revenue set for your consignment and your price — from a $100 minimum — is set at the application.
Start the application →Common questions.
Other Mississippi bonds.
Get your stamps on consignment.
Premiums from $100, no credit section in the application. Enter the amount the Department set and file the same day. Free until issued.