(844) 589-9732

Montana Cigarette Tax Bond

August 17, 2020

The Montana cigarette tax bond, on approval of your credit, is offered for 2% of the amount required. The bond allows you to pay for insignia or the fixation of insignia on credit. Please call AmeriPro Surety Bonds at 844-589-9732.

Montana Cigarette Tax Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond; Purpose

 

 

 

Montana cigarette wholesalers who are approved by the state’s Department of Revenue, may be allowed to make purchase of insignia or fixation of insignia on credit by obtaining a surety bond in an amount to be determined by the Department.

The surety bond serves as a financial guarantee that within 30 days you’ll pay for the insignia or fixation of insignia made on cigarettes which have been imported, delivered and/or sold within the state.

The statute governing this provision is 16-11-117, MCA, as amended.

 

 

 

Qualifying and the Premium

 

 

 

Approval for the Montana cigarette tax bond includes providing us with the amount required of you, completing an application which you’ll need to sign, and having your application reviewed by an underwriter.

The application can be sent to you via DocuSign which will speed the process along considerably.

The underwriter review includes a standard credit check inquiry. Approval for this bond is determined on the basis of satisfactory credit. The rate of approval is 2% of the surety bond amount required (with at least a $150 minimum).

Upon approval of your surety bond and payment of the premium, our agency issues your surety bond along with a Power of Attorney form.

We will sign your bond as Surety; upon receipt, you’ll sign your bond as Principal.

It will then be your duty to file your completed surety bond and Power of Attorney form to:

Montana Department of Revenue

P.O. Box 1712

Helena, MT 59604-1712

406-444-7997

 

 

 

Term of Your Bond

 

 

 

Your cigarette tax bond is issued with a standard one year term and will renew on the anniversary of its issuance.

If you are certain that the amount of surety required of you will not change from one year to the next, you may prepay your bond’s premium for 2 or 3 years, which offers you a savings over annual renewals.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, Court, probate, and other surety bonds in Montana and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you...

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