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Motor Fuel Terminal Operator - Bonding Requirements
Along with an application for a license, either a
cash bond or a continuous
surety bond in the amount or amounts specified shall be filed.
For a terminal operator license, the amount shall be a minimum of $100,000 or an amount equal to three months' tax liability, whichever is greater, but shall not exceed $2 million.
For additional information regarding Bonding Requirements, please see the West Virginia Code
§11-14C-13.