New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 18 - MOTOR FUEL TAX
Subchapter 3 - SUPPLIER'S LICENSE; BONDS REQUIRED; RECORDS
Section 18:18-3.5 - Bond requirements

Before granting a license authorizing any person to engage in business as a supplier, distributor, or as a terminal operator, the Director shall require such person to file a bond, duly executed by such person as principal, and by a corporation, approved by the Director and authorized to engage in business as a surety by the Commissioner of Insurance of this State, as surety; payable to the State of New Jersey, conditioned upon the faithful performance of all the requirements of these rules and expressly providing for the payment of all taxes, penalties, and other obligations of such person arising out of the Act.