The buyer of a railroad company’s property or assets shall notify the department in writing, pursuant to RSA 82:10, IV, no later than 30 days subsequent to the sale or transfer of a railroad company’s property or assets, and provide:

1. (a) The name of the buyer and any parent company;
2. (b) Buyer’s taxpayer identification number;
3. (c) Buyer’s address information;
4. (d) Buyer’s contact information;

5. (e) The transfer’s information for the property or assets including;

   1. (1) The registry of deeds book and page for the recorded deed;
   2. (2) The registry of deeds date of recording; and
   3. (3) The signature date of the recorded deed;
6. (f) The percent and nature of property interest transferred; and

7. (g) The terms of the transaction including but not limited to;

   1. (1) Name of seller;
   2. (2) Sale price;
   3. (3) Financing details; and

   4. (4) Description of the conditions of the sale including, but not limited to:

      1. a. Marketing exposure;
      2. b. Relationship of parties; and
      3. c. Any special circumstances relating to the transfer that do not adhere to the definition of an arm’s length transaction.

Source. #2823, eff 8-17-84, EXPIRED 8-17-90 New. #5334, eff 2-26-92; EXPIRED 2-26-98 New. #6731, eff 4-18-98, EXPIRES: 4-18-06; ss by #8652, eff 6-6-06; ss by #10662, eff 8-27-14; ss by #13977, eff 5-23-24