The Texas Comptroller Public Accounts Office requires entities selling diesel or gasoline to post a surety bond with the Texas State Comptroller. The bond guarantees that the seller will pay taxes from sales promptly when due. Various states require similar bonds. The...
When you agree to obtain a bond on behalf of the buyer or seller, you should determine who the bond principal will be. The bond principal must sign the bond. In order for the surety to issue the bond on behalf of a bond principal, they require their indemnity through...
