Bonds are mandatory.
The bond amounts are set by the Tax Commissioner. North Dakota law requires that all corporations, limited partnerships, limited liability companies and limited liability partnerships first obtain a Certificate of Authority from the North Dakota Secretary of State. The dealer is required to file a final tax return and cancel the active licenses. Otherwise, the claim may be filed at any time between January 1 and June 30 of the year after the year during which the fuel was purchased. Or, the fuel dealer from whom the fuel is purchased may have a supply on hand.