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RSA 205-D:9 · Bond Required
205-D:9 Bond Required. –
Copy linkThe board shall not issue a license to any person unless the person or his or her employer on his or her behalf has posted a surety bond or letter of credit to be held by the state treasurer in an amount to be determined by the board. No surety bond or letter of credit shall be accepted unless it is with a surety company authorized to do business in this state. The surety may cancel the bond or letter of credit at any time upon giving 30 days' written notice to the board.
Copy linkAny person who is damaged by any violation of this chapter may bring an action against the bond or letter of credit to recover damages suffered and any other amounts allowable by law. The attorney general, in any action brought under this chapter or any other applicable provisions of the law, may likewise proceed against the bond or letter of credit. Source. 2004, 191:1. 2005, 184:6, eff. June 30, 2005. 2011, 197:3, eff. June 14, 2011.
Copy linkSource note
Source. 2004, 191:1. 2005, 184:6, eff. June 30, 2005. 2011, 197:3, eff. June 14, 2011.
Source history
- 2004, 191:1
- 2005, 184:6, eff. June 30, 2005
- 2011, 197:3, eff. June 14, 2011
Related materials
Bill relationships
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2026 HB1357
reference
home” means any manufactured home built with or without a chassis, built in conformance with the Federal Manufactured Home Construction and Safety Standards first enacted in 1976, RSA 205-D, and installed per the New Hampshire manufactured housing installation standards (Inst 700), and that has been purchased directly from a retailer and has not been previously placed for use as a permanent dwelling. IV