What is an Oregon Fuel Tax Bond?
Fuel Tax Bonds are types of surety bonds required in Oregon for those who have made application to the Oregon Department of Transportation for a license to engage in business as a dealer in motor vehicle fuel, seller of use fuel, or user of use fuel as authorized and as mandated by ORS 319.010 through 319.880. The fuel tax bonds guarantees of all applicable state taxes, fees and penalties and it also ensures compliance with the conditions imposed by ORS 319.010 through 319.880 and subsections 1 through 5 of 319.990.
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