{"data":{"id":"us-in/ic-6-6-2.5-44","jurisdiction":"us-in","citation":"IC 6-6-2.5-44","heading":"Surety bond or cash deposit; filing by applicants","body":"Sec. 44. (a) Concurrently with the filing of an application for a license under this chapter, the department may require the applicant to file with the commissioner a surety bond or cash deposit:\n(1) in an amount determined by the commissioner of not less than two thousand dollars ($2,000) or not more than a two (2) month tax liability for the applicant as estimated by the commissioner; and\n(2) conditioned upon the keeping of records and the making of full and complete reports and payments as required by this chapter.\n(b) If the applicant files a bond, the bond must:\n(1) be with a surety company approved by the commissioner;\n(2) name the applicant as the principal and the state as the obligee; and\n(3) be on forms prescribed by the department.","path":["TITLE 6. TAXATION","ARTICLE 6. MOTOR FUEL AND VEHICLE EXCISE TAXES","Chapter 2.5. Special Fuel Tax"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-6-2.5-44","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"467228075e8663c8bbc3ae36d97d0651207414e1a1386222bac0386c80a54cf5","source_id":"us-in","stale":false,"prev":"us-in/ic-6-6-2.5-43","next":"us-in/ic-6-6-2.5-45"},"notice":"GroundRules: Original legal text. Not legal advice."}