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Mississippi petroleum tax bonds.
From $100.

The bond the Mississippi Department of Revenue can require from a petroleum distributor as a financial guarantee for the fuel taxes it collects — gasoline, special fuel, lubricating oil, and compressed gas. The Department sets the amount; pricing is variable and starts from $100, with your exact price shown at the application. The application collects no credit information.

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Required under Miss. Code §27-55-7 and §27-59-7 when the Department of Revenue conditions a distributor permit on a bond

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Amount is set by the Department of Revenue — payable to the State of Mississippi

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From $100 — priced at 0.75% of the bond amount, $100 minimum; the application collects no credit information

From $100most applicants pay the minimumNo SSNin the applicationInstantapproval for most

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How it works

Three steps. One sitting.

No underwriting queue for the standard petroleum tax bond — enter your amount, pay, and file with the Department of Revenue. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Department required, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most applicants approve and get their executed bond as soon as they pay. Larger amounts may get a quick review.

SAME DAY

File with the Department of Revenue

Submit the executed bond with your petroleum distributor permit. Wet-ink originals mailed whenever the Department insists on them.

About this bond

What it is and who needs it.

What the petroleum tax bond actually covers

Mississippi licenses petroleum distributors through the Department of Revenue. Under the fuel-tax laws — chiefly Miss. Code §27-55-7 (gasoline) and §27-59-7 (special fuel, lubricating oil, and compressed gas) — the Department can require a distributor to post a surety bond before issuing or continuing a permit.

The bond is payable to the State of Mississippi and guarantees that the distributor pays the fuel taxes, interest, penalties, and fees it owes. The statutes let the Department size the bond to the applicant — sources commonly cite a range from $1,000 up, with the exact figure set on your permit or notice. A cash bond is allowed in lieu of surety.

It is not insurance for you. If the surety pays the state on unremitted tax, you repay the surety. Distributors who file and remit on time treat the bond as a permit formality — pricing is 0.75% of the amount the Department set, $100 minimum, with your exact price shown at the application.

Miss. Code §27-55-7 / §27-59-7 (Department of Revenue)Mississippi petroleum distributors are permitted by the Department of Revenue under the fuel-tax laws (Miss. Code §27-55-7 for gasoline and §27-59-7 for special fuel, lubricating oil, and compressed gas), which authorize the Department to require a surety bond payable to the State of Mississippi as a condition of the distributor permit. The Department sets the amount; a cash bond may be deposited in lieu of surety. Confirm the required figure on your permit or notice.

You need this bond if you are

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A gasoline distributor the Department of Revenue has asked to bond a permit

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A special fuel or diesel distributor required to post surety under §27-59-7

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A lubricating oil or compressed gas dealer bonded as a condition of your permit

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Renewing or reinstating a permit the Department wants bonded before issuing

One application, issued on the spot.

Submit the application with the bond amount the Department of Revenue set — the executed bond is generated instantly, ready to file.

Start the application →

FAQ

Common questions.

How much is the Mississippi petroleum tax bond?Pricing is variable — it depends on the bond amount, which is set by the Department of Revenue on your distributor permit, payable to the State of Mississippi. Pricing is 0.75% of the bond amount, with a $100 minimum. Enter your amount and your exact price appears at the application.

Who requires this bond?The Mississippi Department of Revenue, under the fuel-tax laws (Miss. Code §27-55-7 and §27-59-7), as a condition of a petroleum distributor permit. It guarantees the fuel taxes, interest, and penalties you owe the state.

Is there a credit check?The application collects no credit information, and most applications approve instantly. If a check ever runs on a larger bond amount, it is a soft pull only — it never affects your credit score.

Can I post cash instead?The statutes allow a cash bond in lieu of surety, but a surety bond is usually far cheaper — you pay the 0.75% premium rather than tying up the full amount in cash with the Department.

Where do I file it?With the Mississippi Department of Revenue, alongside your petroleum distributor permit. We issue the executed bond ready to submit; wet-ink originals are mailed when the Department requires them.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

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Other Mississippi bonds.

Petroleum tax bond, issued today.

Pricing from $100. Enter the amount the Department set and file the same day.

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