This version of the form is not currently in use and is provided for reference only. Download this version of Form SDE for the current year.
This is a legal form that was released by the Minnesota Department of Revenue - a government authority operating within Minnesota. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form SDE?
A: Form SDE is a document that allows non-Minnesota contractors to apply for exemption from surety deposits.
Q: Who can use Form SDE?
A: Non-Minnesota contractors who want to apply for exemption from surety deposits can use Form SDE.
Q: What are surety deposits?
A: Surety deposits are financial guarantees that contractors must provide to ensure the completion of construction projects.
Q: Why would a non-Minnesota contractor want to be exempt from surety deposits?
A: Being exempt from surety deposits can reduce the financial burden for non-Minnesota contractors and make it easier for them to participate in construction projects in Minnesota.
Q: How can non-Minnesota contractors apply for exemption from surety deposits?
A: Non-Minnesota contractors can apply for exemption from surety deposits by completing and submitting Form SDE.
Q: Are there any eligibility requirements for exemption from surety deposits?
A: Yes, non-Minnesota contractors must meet certain eligibility requirements to qualify for exemption from surety deposits.
Q: What are the eligibility requirements for exemption from surety deposits?
A: The eligibility requirements for exemption from surety deposits include having a good credit rating, having no unresolved complaints or claims related to construction projects, and being registered with the DLI.
Q: Is there a fee for applying for exemption from surety deposits?
A: Yes, there is a fee for applying for exemption from surety deposits. The fee amount is determined by the DLI.
Q: How long does it take to process an application for exemption from surety deposits?
A: The processing time for an application for exemption from surety deposits can vary, but it typically takes several weeks.
Form Details:
Download a fillable version of Form SDE by clicking the link below or browse more documents and templates provided by the Minnesota Department of Revenue.