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This version of the form is not currently in use and is provided for reference only. Download this version of
Form B&L: BOND
for the current year.
Form B&L: BOND Motor Fuels Surety Bond - Alabama
What Is Form B&L: BOND?
This is a legal form that was released by the Alabama Department of Revenue - a government authority operating within Alabama. Check the official instructions before completing and submitting the form.
FAQ
Q: What is the Form B&L?
A: Form B&L refers to the BOND Motor Fuels Surety Bond.
Q: What is a surety bond?
A: A surety bond is a type of insurance that guarantees the performance of a contractual obligation.
Q: What is the purpose of the BOND Motor Fuels Surety Bond?
A: The BOND Motor Fuels Surety Bond is required by the state of Alabama to ensure that fuel suppliers comply with certain regulations and pay all required taxes.
Q: Who needs to obtain the BOND Motor Fuels Surety Bond?
A: Fuel suppliers in Alabama are required to obtain the BOND Motor Fuels Surety Bond.
Q: What happens if a fuel supplier fails to obtain the BOND Motor Fuels Surety Bond?
A: If a fuel supplier fails to obtain the BOND Motor Fuels Surety Bond, they may face penalties and potential suspension of their license to operate.
Q: How much does the BOND Motor Fuels Surety Bond cost?
A: The cost of the BOND Motor Fuels Surety Bond varies depending on factors such as the fuel supplier's credit history and the amount of coverage required.
Q: How long is the BOND Motor Fuels Surety Bond valid for?
A: The BOND Motor Fuels Surety Bond is typically valid for one year from the date it is issued.
Q: What happens if a claim is made against the BOND Motor Fuels Surety Bond?
A: If a claim is made against the BOND Motor Fuels Surety Bond, the surety bond company will investigate the claim and may provide compensation to the injured party if the claim is found to be valid.
Q: Can the BOND Motor Fuels Surety Bond be canceled?
A: The BOND Motor Fuels Surety Bond can usually be canceled by the surety bond company with a notice period specified in the bond agreement.
Form Details:
- Released on June 1, 2012;
- The latest edition provided by the Alabama Department of Revenue;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form B&L: BOND by clicking the link below or browse more documents and templates provided by the Alabama Department of Revenue.
