“Bond” means an agreement between a wholesaler and a surety company authorized by the New Hampshire insurance department to do business in this state whereby the surety company, upon default of the wholesaler, pays the outstanding debt of the wholesaler to the state up to the amount of the bond.

Source. #4707, eff 11-21-89; ss by #5301, eff 12-26-91; ss by #6662, eff 12-25-97; ss by #8526, eff 12-21-05; ss by #10536, eff 3-6-14; ss by #13817, eff 12-1-23 (see Revision Note #2 at chapter heading for Rev 1000)