MI motor fuel eligible purchaser bonds.
From $100. Enter your amount.
The bond a Michigan motor fuel purchaser posts to elect eligible purchaser status — paying fuel tax to its supplier on a deferred basis — under MCL 207.1075. The Department of Treasury sets the amount; pricing starts from $100, and the application collects no credit information.
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Apply to filed in one sitting.
No underwriting queue for the standard eligible purchaser bond — enter your amount, pay, and file with Treasury. Here is the whole thing:
Apply online
Your business details, the bond amount Treasury required, and the effective date — that is the entire application.
Issued on the spot
No credit section and no waiting — the executed bond is generated as soon as you pay for most purchasers. Larger amounts may get a quick review, which can include a soft credit pull that never affects your score.
File with the Department of Treasury
Submit the executed bond, naming the state as obligee, with your eligible purchaser election. Wet-ink originals mailed when the state insists.
What it is and who needs it.
What the eligible purchaser bond actually covers
Under Michigan's Motor Fuel Tax Act (Act 403 of 2000), fuel tax is generally collected up the supply chain by suppliers. A purchaser can elect to become an eligible purchaser under MCL 207.1075 — paying the tax to its supplier on a deferred (rather than immediate) basis, which improves cash flow.
To make that election, the purchaser must show financial responsibility or post security. The Department of Treasury may require a surety bond payable to the state in an amount not to exceed three times the tax due to a supplier each month — so the bond scales with your monthly fuel-tax volume.
The bond stands behind the deferred tax: if you fail to pay your supplier the tax, the state can recover against it. It is not insurance for you — if the surety pays, you repay the surety. We issue the amount Treasury set, with pricing from $100 and no credit section on the standard application.
You need this bond if you are
One application, issued on the spot.
Submit the application with the bond amount the Department of Treasury set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Michigan bonds.
Eligible purchaser bond, issued today.
Pricing from $100. Enter the amount Treasury required and file the same day.