(1) A dealer shall file an application with the commissioner for a compressed natural gas dealer permit, which is not assignable.
(2) An application for a permit shall be filed on a form provided by the commissioner.
(3) The permit shall be posted in a conspicuous place or kept available for inspection at the principal place of business of the permittee. A dealer permittee shall reproduce the permit and display it in a conspicuous place at each additional place of business from which natural gas is sold, delivered or used in motor vehicles.
(4) Application for a permit shall be accompanied by a bond, payable to this state, as provided in part 6 of this chapter.
(5) A permit is permanent and valid as long as the permittee furnishes timely reports and remits the taxes when due, or until surrendered by the holder or cancelled by the commissioner.