Indiana Code Title 6. Taxation § 6-6-2.5-44

(1) in an amount determined by the commissioner of not less than two thousand dollars ($2,000) or not more than a two (2) month tax liability for the applicant as estimated by the commissioner;  and

(2) conditioned upon the keeping of records and the making of full and complete reports and payments as required by this chapter.

(1) be with a surety company approved by the commissioner;

(2) name the applicant as the principal and the state as the obligee;  and

(3) be on forms prescribed by the department.