Details for Colorado cigarette-license security

The currently linked DR 0219 and DOR's guide set the bond at anticipated total monthly stamp purchases. A wholesaler may file replacement security when that anticipated total changes; do not select a flat amount from an unrelated state or license.

At renewal, the guide allows a reduction of twenty percent of the original anticipated monthly total for each consecutive preceding year without cigarette-tax delinquency, as determined by DOR. Five consecutive qualifying years bring exemption from filing the bond. Obtain the Department's determination and any release directions rather than cancelling existing security on your own calculation.

License renewal also involves current sales-tax licensing, manufacturer/MSA or escrow evidence and required reports. The bond alone does not meet those separate application requirements.

The model is continuing until sixty days' written termination notice to the Executive Director. Its enforcement terms allow action for Colorado's people and waive objections to the Director's capacity and a requirement to serve the principal. Follow the actual notice and accepted release terms.

Corporations execute through the president or vice-president, with secretary-attested corporate seal. The instructions call for partnership names/addresses where applicable, and a power of attorney must accompany the bond.

Purchase Now opens Propeller's Colorado application in a new tab. Match the legal wholesaler, monthly stamp exposure, required sum and effective document, then complete DOR license/security filing. Provider payment does not issue the license or approve a reduction/exemption.