Looking for a Wyoming Tax Forms And Templates? Download it for free!

INSTRUCTIONS FOR PREPARING BOND

1. The bond must be in the amount of one million dollars ($1,000,000.00).

2. If the principal is a corporation, the person signing on behalf of the principal must state

his/her legal capacity and he/she should be the president of the corporation. There must be

attached to the bond a resolution or certified evidence of authority that the officer has the

authority to sign on behalf of the principal. This is the case even if the person signing is the

president. Impress the corporate seal where noted. If no corporate seal, so state.

3. If the principal is a partnership, the firm name must appear in the caption of the bond, e.g.

John Doe and James Doe, a partnership, doing business as Hub Trucking Company. It must

be specified that a partnership is actually involved. At least two partners must sign the bond.

4. If the principal is jointly owned, but not a partnership, the firm name must appear in the

caption of the bond, John Doe and James Doe, doing business as Hum Trucking Company.

All owners must sign the bond.

5. If the principal is a sole proprietorship, the name of the owner should appear in the caption of

the bond along with a recital thereafter of the firm name (if any), e.g. John Doe, doing

business as Hub Trucking. If there is not firm name, the sole proprietorship should be shown

as “John Doe”.

6. The surety of the bond must be a surety company licensed to do business in Wyoming.

7. The surety company executing the bond shall attach thereto a duly executed Power of

Attorney (or a recently certified copy thereof) showing the authority of the person signing as

the agent for the surety company. The Power of Attorney must have been executed no more

than six (6) months prior to the effective date of the bond. A copy of the Power of Attorney

may be certified by any qualified person, such as a notary public, but the Power of Attorney

must be certified by the Secretary of the corporate surety.

8. The surety’s corporate seal must be affixed to: 1) the bond near the surety’s execution and 2)

the certification of the attached Power or Attorney near the surety’s execution.

9. Each party should sign his/her name in the identical manner as they appear in the caption of

the bond or on the Power of Attorney. Each party may only sign his/her own name.

10. No changes of any type may be made to the bond form.

11. A certified copy of the authority of any person signing on behalf of the principal, and a copy

o the Power of Attorney of the Attorney-in-Fact for the Surety must be attached to the bond

or filed with the State of Wyoming, Department of Revenue.

Non-Resident Contractor Sales and Use Tax Bond

__________________, Principal, and _________________,Surety

Bond No.________________

Page 1 of 1

ETS Form 124 b (Rev 4/25/11)

Ets Form 124 B - Non-Resident Contractor Sales And Use Tax Bond Covering Multiple Contracts Page 3