Indiana Form MF-134 is a Cash Bond Form issued by the Indiana Department of Revenue. It is required for individuals or businesses seeking a license to engage in gasoline, special fuel, or gasoline use-related activities within the state. This form ensures that the applicant meets financial obligations associated with their business activities and serves as a guarantee for compliance with Indiana laws. The bond is held in escrow and remains active until it is canceled according to the conditions outlined in the bond agreement. This form provides the state with financial assurance that the business will satisfy tax and regulatory requirements related to its operations.
How to File Indiana Form MF-134
- Obtain the Form: Begin by obtaining a copy of Form MF-134 from the Indiana Department of Revenue or the relevant authority.
- Payment of Bond: You must submit the required bond amount. This can be done by providing a money order or cashier’s check payable to the Indiana Department of Revenue. The amount of the bond depends on the type of license and business involved (gasoline, special fuel, gasoline use).
- Submit Bond in Person: The department does not accept cash payments by mail. If you prefer to submit the bond in cash, it must be done in person. Personal checks are also not accepted.
- Completing the Form: The following steps provide instructions on how to complete the form:
How to Complete Indiana Form MF-134
Section 1: Principal-Surety Information
- Name of Principal (Surety): Enter the full name of the individual or business entity providing the bond.
- Street Address: Provide the complete address, including street, city, state, and ZIP code.
- Amount of Bond: Specify the amount for the bond. The form includes separate lines for gasoline, special fuel, and gasoline use. Enter the correct bond amount in the corresponding section.
Section 2: Bond Obligation
- Bond Obligation: The bond must be signed by the principal and surety, and the document is binding for the payment of taxes, penalties, and forfeitures under Indiana law (specifically, Indiana Code 6-6-1.1, 6-6-2.5, and 6-2.5-3.5).
- Effective Date: The bond’s effective date should match the effective date of the requested license. If submitted late, ensure the bond’s effective date is retroactive to the license’s effective date.
Section 3: Cancellation Clause
- Cancellation Terms: The bond will remain in effect until canceled by either the principal or surety. A 60-day notice is required for cancellation, and it will not affect liabilities incurred before the cancellation date.
- Three-Year Validity: After cancellation, the bond remains in effect for three years and one day. It can only be terminated early if all obligations to the state have been met.
Section 4: Principal’s Signature
- Signature of Principal (Surety): The bond form must be signed by the principal or authorized representative (owner, president, etc.).
- Owner or President: The principal’s signature must be accompanied by the title of the authorized representative signing the form.
Section 5: Notary Public
- Notary Acknowledgment: The bond must be notarized. A Notary Public will verify the signature and acknowledge that the principal or authorized representative appeared before them.
- Notary’s Seal: The notary will place their official seal on the form and indicate the expiration date of their commission.
Section 6: Submission of Form
- Submit the Completed Form: After completing the bond form, submit it to the Indiana Department of Revenue along with the payment for the bond amount. Keep copies of the completed form and payment for your records.
Additional Notes
- The bond remains in effect as long as you comply with all relevant Indiana laws and regulations. Any leniency shown in enforcement by the state does not reduce the bond’s obligations.
- Escrow: The bond amount is held in escrow and will only be refunded once all obligations to the state have been satisfied and after the bond’s cancellation period has expired.