I. Except as provided in RSA 261:101, each dealer shall be required to file annually, a bond in accordance with RSA 261:98.
| (a) | under one year | $20,000 |
| (b) | over one year, but less than 2 years | $15,000 |
| (c) | over 2 years | $10,000 |
- II. A separate bond shall be required for each different name under which the dealer conducts his business and for each community in which the dealer has a place of business in the amounts required in RSA 261:100, I. Past business experience, prior to January 1, 1988, shall be taken into account in determination of the amount of the bond required.
- III. Any dealer which is covered by an association bond as provided in RSA 261:101 shall only be covered under one name in one community. A dealer covered under RSA 261:101 who has a place of business in more than one community shall file a separate bond as provided in this section for each separate community in which he operates.
Source. RSA 268-A:4. 1973, 324:1. 1981, 146:1. 1987, 263:6. 1998, 202:7, eff. Aug. 17, 1998.