Tobacco retailer bond cost
The Indiana Department of Revenue requires tobacco product distributors to post a $1,000 surety bond. We issue Indiana tobacco products distributor’s bonds for just $100! No credit check is required, so everyone qualifies instantly.
Why this bond
By posting an Indiana tobacco products distributor’s bond, the principal (products distributor) agrees to abide by all rules, laws and regulations stated in the Indiana Code. Some of these provisions include:
- Paying all taxes in a timely fashion with all the correct and necessary information
- Having a current, up-to-date license
- Not making false statements about amounts and products sold
If a principal violates any of the terms of his or her bond agreement and consumers are harmed, the surety will compensate them for any damages up to the full bond amount; however, the principal is responsible for reimbursing the surety.
Tobacco retailer bond details
Indiana tobacco products distributor’s bonds are continuous until canceled, and the surety must give the state at least 60 days of notice prior to cancellation.Tobacco retailers must obtain a separate surety bond for each business location they operate.
Apply for your surety bond
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