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This version of the form is not currently in use and is provided for reference only. Download this version of
Form FDACS-03587
for the current year.
Form FDACS-03587 Lp Gas Indemnity Bond - Florida
What Is Form FDACS-03587?
This is a legal form that was released by the Florida Department of Agriculture and Consumer Services - a government authority operating within Florida. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form FDACS-03587?A: Form FDACS-03587 is a Lp GasIndemnity Bond used in the state of Florida.
Q: What is an Lp Gas Indemnity Bond?A: An Lp Gas Indemnity Bond is a type of surety bond that is required for businesses involved in the distribution or sale of Lp gas.
Q: Who needs to use Form FDACS-03587?A: Any business involved in the distribution or sale of Lp gas in Florida needs to use Form FDACS-03587.
Q: Why is an Lp Gas Indemnity Bond required?A: An Lp Gas Indemnity Bond is required to protect consumers and the state from financial loss in case the gas distributor fails to fulfill their obligations.
Q: What information is required in Form FDACS-03587?A: Form FDACS-03587 requires information about the gas distributor, the amount of the bond, and details about the surety company providing the bond.
Q: How much does the bond cost?A: The cost of the bond varies depending on factors such as the amount of the bond and the financial strength of the gas distributor.
Q: How long does the bond last?A: The bond remains in effect as long as the gas distributor continues to operate in Florida.
Q: What happens if a gas distributor fails to fulfill their obligations?A: If a gas distributor fails to fulfill their obligations, a claim can be filed against the bond to seek compensation for any financial losses.
Q: Are there any alternatives to an Lp Gas Indemnity Bond?A: In some cases, an irrevocable letter of credit or cash deposit may be accepted as an alternative to an Lp Gas Indemnity Bond. However, these alternatives may have their own requirements and limitations.
Q: Is Form FDACS-03587 specific to Florida?A: Yes, Form FDACS-03587 is specific to the state of Florida and is required for businesses operating in that state.
Form Details:
- Released on August 1, 2018;
- The latest edition provided by the Florida Department of Agriculture and Consumer Services;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form FDACS-03587 by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Florida Department of Agriculture and Consumer Services.
Download Form FDACS-03587 Lp Gas Indemnity Bond - Florida
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