Form BT-161 "Special Fuel Use Excise Tax Bond (Surety Bond Form)" - Oklahoma

What Is Form BT-161?

This is a legal form that was released by the Oklahoma Tax Commission - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on October 1, 2020;
  • The latest edition provided by the Oklahoma Tax Commission;
  • 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 BT-161 by clicking the link below or browse more documents and templates provided by the Oklahoma Tax Commission.

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Download Form BT-161 "Special Fuel Use Excise Tax Bond (Surety Bond Form)" - Oklahoma

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State of Oklahoma
Form BT-161
Revised 10-2020
Business Tax Services - Oklahoma Tax Commission
Special Fuel Use Excise Tax Bond
(Surety bond Form)
Know All Men By These Presents:
FEI/SSN:
Bond Number
That I, we, or either of us,
(If partnership, names of all partners)
doing business under the name of
with the principal place of business at
as PRINCIPAL and
,
mailing address of
,
a corporation duly incorporated under the laws of
and authorized to transact business within the State of Oklahoma, as Surety,
are all held and firmly bound unto the State of Oklahoma, and to the Oklahoma Tax Commission, as the official collector of the special fuel use
excise tax levied by the laws of the State of Oklahoma, in the sum of ($
) for the payment of which,
well and truly to be made, the said Principal and Surety bind themselves, their successors, heirs and assigns jointly and severally by these presents:
THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH, that;
WHEREAS, The said Principal is a dealer in and/or user of special fuel in the State of Oklahoma, as defined by the laws of the State of
Oklahoma.
NOW THEREFORE, If the said Principal shall, while this bond is in force and effect, beginning at noon, Central Standard Time, on the
day of
,
, make and file with the Oklahoma Tax Commission, the reports and details
of the use of and transactions in special fuel required by law, and by the rules and regulations of the Oklahoma Tax Commission, and shall well
and truly pay, or cause to be paid, any and all special fuel use excise taxes, and penalties and interest thereon, due the State of Oklahoma, (the
amount due to be ascertained by the Oklahoma Tax Commission, whose finding shall be final and conclusive in any action upon said bond to
enforce liability thereunder), and shall comply with all the provisions of the special fuel use tax law and the rules and regulations of the Oklahoma
Tax Commission; then this obligation shall be null and void; otherwise, to remain in full force and effect.
This bond is a continuing bond, any may be terminated and Surety released from any and all liability to the State of Oklahoma accruing on
such bond after the expiration of thirty days from the date upon which Surety shall have filed with the Oklahoma Tax Commission a written request
to be released and discharged, but this provision shall not operate to relieve, release or discharge the Surety from any liability already accrued,
or which shall accrue before the expiration of the thirty day period. The written request of the Surety to be released and discharged hereunder
shall be given by certified mail to the Director of the Business Tax Services Division, Oklahoma Tax Commission, PO Box 269057, Oklahoma City,
Oklahoma 73126-9057.
BY EXECUTION OF THIS BOND, PRINCIPAL SPECIFICALLY AUTHORIZES THE OKLAHOMA TAX COMMISSION TO FURNISH ANY
AND ALL AUDIT PAPERS TO THE SURETY AS MAY BE DEEMED NECESSARY BY THE OKLAHOMA TAX COMMISSION TO SUPPORT ANY
CLAIM HEREUNDER.
IN TESTIMONY WHEREOF, the said Principal has executed this bond, if a corporation, by causing this bond to be signed by its president
and attested by its secretary, with its corporate seal affixed, or if a partnership, all partners have signed as Principals; and the said Surety has
executed this bond or caused same to be executed by its attorney in fact, with its corporate seal hereunto affixed.
Signed and sealed this
day of
,
.
(CORPORATE SEAL OF PRINCIPAL)
Principal
ATTEST:
Secretary
President
(CORPORATE SEAL OF SURETY)
ATTEST:
Surety
By
Secretary
Attorney-in-Fact
Registered, This
day of
,
, and Special Fuel Use License No.
issued.
By
Director, Business Tax Services
State of Oklahoma
Form BT-161
Revised 10-2020
Business Tax Services - Oklahoma Tax Commission
Special Fuel Use Excise Tax Bond
(Surety bond Form)
Know All Men By These Presents:
FEI/SSN:
Bond Number
That I, we, or either of us,
(If partnership, names of all partners)
doing business under the name of
with the principal place of business at
as PRINCIPAL and
,
mailing address of
,
a corporation duly incorporated under the laws of
and authorized to transact business within the State of Oklahoma, as Surety,
are all held and firmly bound unto the State of Oklahoma, and to the Oklahoma Tax Commission, as the official collector of the special fuel use
excise tax levied by the laws of the State of Oklahoma, in the sum of ($
) for the payment of which,
well and truly to be made, the said Principal and Surety bind themselves, their successors, heirs and assigns jointly and severally by these presents:
THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH, that;
WHEREAS, The said Principal is a dealer in and/or user of special fuel in the State of Oklahoma, as defined by the laws of the State of
Oklahoma.
NOW THEREFORE, If the said Principal shall, while this bond is in force and effect, beginning at noon, Central Standard Time, on the
day of
,
, make and file with the Oklahoma Tax Commission, the reports and details
of the use of and transactions in special fuel required by law, and by the rules and regulations of the Oklahoma Tax Commission, and shall well
and truly pay, or cause to be paid, any and all special fuel use excise taxes, and penalties and interest thereon, due the State of Oklahoma, (the
amount due to be ascertained by the Oklahoma Tax Commission, whose finding shall be final and conclusive in any action upon said bond to
enforce liability thereunder), and shall comply with all the provisions of the special fuel use tax law and the rules and regulations of the Oklahoma
Tax Commission; then this obligation shall be null and void; otherwise, to remain in full force and effect.
This bond is a continuing bond, any may be terminated and Surety released from any and all liability to the State of Oklahoma accruing on
such bond after the expiration of thirty days from the date upon which Surety shall have filed with the Oklahoma Tax Commission a written request
to be released and discharged, but this provision shall not operate to relieve, release or discharge the Surety from any liability already accrued,
or which shall accrue before the expiration of the thirty day period. The written request of the Surety to be released and discharged hereunder
shall be given by certified mail to the Director of the Business Tax Services Division, Oklahoma Tax Commission, PO Box 269057, Oklahoma City,
Oklahoma 73126-9057.
BY EXECUTION OF THIS BOND, PRINCIPAL SPECIFICALLY AUTHORIZES THE OKLAHOMA TAX COMMISSION TO FURNISH ANY
AND ALL AUDIT PAPERS TO THE SURETY AS MAY BE DEEMED NECESSARY BY THE OKLAHOMA TAX COMMISSION TO SUPPORT ANY
CLAIM HEREUNDER.
IN TESTIMONY WHEREOF, the said Principal has executed this bond, if a corporation, by causing this bond to be signed by its president
and attested by its secretary, with its corporate seal affixed, or if a partnership, all partners have signed as Principals; and the said Surety has
executed this bond or caused same to be executed by its attorney in fact, with its corporate seal hereunto affixed.
Signed and sealed this
day of
,
.
(CORPORATE SEAL OF PRINCIPAL)
Principal
ATTEST:
Secretary
President
(CORPORATE SEAL OF SURETY)
ATTEST:
Surety
By
Secretary
Attorney-in-Fact
Registered, This
day of
,
, and Special Fuel Use License No.
issued.
By
Director, Business Tax Services