(a) The commissioner shall reimpose the bond requirement upon any licensed distributor granted an elimination or reduction of a bond pursuant to RSA 260:37-a and these rules, if:
- (1) The distributor fails to comply with road toll laws or these rules;
- (2) There is evidence of a material change in circumstances; and
- (3) State road toll revenue will be unreasonably jeopardized without imposition of the bond.
- (b) The commissioner shall notify the distributor in writing of the requirement to obtain a new bond pursuant to RSA 260:37. Written notification shall be sent to the last known recorded address of the licensee.
- (c) The licensed distributor shall have 30 days from the date of the letter to provide the department with evidence of having secured a bond.
Source. #12961, INTERIM, eff 1-1-20, EXPIRED: 6-29-20 New. #13186, eff 4-7-21 (See Revision Note #3 at Chapter Heading for Saf-C 300)