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Missouri bonds

Missouri — Dept. Of Revenue Other Tobacco Products Tax Bond

Use the Other Tobacco Products selection on Missouri's Form 331 for an OTP security request. The form requires one tax selection; its cigarette-tax and other-tobacco choices should not be treated as interchangeable.

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Recorded state
Missouri
Bond type
Cigarette / Tobacco Tax Bond
Category
Business operations & taxes

What this bond does

Match the DOR OTP license/account, actual legal taxpayer and Department-required sum. The form can serve several tax programmes, but only the selected tax and its stated related liabilities belong to this undertaking.

Who needs it
Businesses obtaining Missouri OTP license security, including wholesalers and retailers buying from unlicensed out-of-state suppliers. Have DOR establish the actual account and activity rather than assuming every retail purchase needs a wholesaler's bond.
Who it protects
Form 331 secures the selected tax and related fees, interest, additions to tax and penalties due Missouri or DOR on or after the bond date. It provides mailed written demands and payment by the issuer within thirty days of receipt, including partial demands.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details for Missouri OTP security

DOR's license FAQ requires a completed application and acceptable security. Its OTP guidance identifies wholesaler licensing and retailers purchasing from unlicensed out-of-state suppliers; establish the actual role and liability before selecting the form.

The complete posted Form 331, revised December 2024, says Select One. Choose Other Tobacco Products for the actual OTP request. A common form does not make its cigarette, motor-fuel, sales/use or other tax programmes one combined account.

Complete the taxpayer's exact legal identity, bond number, effective date and assigned sum. The stated condition includes fees, interest, additions to tax and penalties as well as the selected tax; it is not limited to the face amount of an unpaid invoice.

DOR's written payment demand is sent by U.S. mail referencing the bond. The issuer must honor partial or full demands within thirty days after receipt. The form specifies Missouri law, Cole County circuit-court venue and prejudgment interest/attorney fees if the surety breaches its bond obligations.

The surety may cancel by delivering sixty days' written notice to DOR, without releasing liabilities accruing before cancellation. For OTP the form allows DOR three years after expiration or cancellation to demand payment. The one-year provision belongs to other named tax classes, not this selection.

Use authorized taxpayer/surety execution and a valid surety power of attorney. Complete the separately identified confidential-tax release as directed; the form expressly says that authorization is not part of, or an exhibit to, the bond.

Purchase Now opens Propeller's Missouri OTP application in a new tab. Match the legal taxpayer, OTP selection, sum and effective date, then complete DOR license/security filing and reporting. Provider payment does not issue the license, pay the tax or release earlier liability.

Sources

Have these ready

  1. Legal taxpayer, DOR OTP account and actual supplier/distribution activity.
  2. Department-required sum, effective date and accepted security request.
  3. Other Tobacco Products selection on Form 331.
  4. Authorized taxpayer/surety execution and valid surety power of attorney.
  5. Separate confidential-tax authorization and current DOR license/reporting instructions.

Questions about this bond

Does Form 331 automatically cover both cigarette and OTP tax?

It requires one tax selection. Match Other Tobacco Products to the actual OTP request rather than assuming a common form combines both accounts.

Is the OTP demand period only one year after cancellation?

The posted form allows three years after expiration or cancellation for cigarette, motor-fuel and OTP demands. Its one-year provision is for the other specified tax classes.

Is the confidential-tax release itself part of the bond?

The form expressly identifies that authorization as separate, not part of or an exhibit to the bond. Follow its authorized-signature requirements without rewriting it as the bond's operative condition.

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