Live Free or Die Legal
This website is not an official source of law. This website does not provide legal advice. For official legal materials, verify against the relevant court, legislature, agency, or other official source. Legal information may be incomplete, outdated, or incorrectly processed. Consult a qualified attorney for advice about a specific legal matter.

This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 260:37-a · Licensed Distributors Exempt from Bond Requirement

Title
XXI: MOTOR VEHICLES
Chapter
260 · ADMINISTRATION OF MOTOR VEHICLE LAWS
Status
current
Official source linked
Yes
Official source Copy section link

260:37-a Licensed Distributors Exempt from Bond Requirement. –

Copy link
I.

A distributor may request a release or reduction of the bond required pursuant to RSA 260:37 if the distributor has complied with all licensing, reporting, and payment requirements of this chapter for the immediately preceding 3 consecutive years, provided that such distributors first provide audited financial statements for the immediately preceding 3 years and have been licensed as distributors in good standing in New Hampshire for the immediately preceding 5 consecutive years. If the commissioner or his or her designee determines that release or reduction of the bond will not unreasonably jeopardize state revenues, the bond shall be released or reduced.

Copy link
II.

In the event a distributor exempt under paragraph I fails to remain in compliance with this chapter, the commissioner may reimpose the bond requirement under RSA 260:37 if he or she determines that a material change in circumstances has occurred and that state road toll revenue will be unreasonably jeopardized without imposition of the bond. The commissioner shall notify a distributor of the requirement to obtain a new bond under this paragraph in writing, and shall provide the distributor 30 days to secure a new bond.

Copy link
III.

A distributor aggrieved by a decision of the commissioner under paragraph II may appeal the decision pursuant to RSA 260:6. Source. 2019, 188:1, eff. Jan. 1, 2020.

Copy link

Source note

Source. 2019, 188:1, eff. Jan. 1, 2020.

Source history

  • 2019, 188:1, eff. Jan. 1, 2020

Related materials

Bill relationships

  • 2026 HB1442 amend

    nition of Biological Sex. Amend RSA 354-A by inserting after section 25 the following new section: 354-A:25-a State Recognition of Biological Sex. I. Nothing in RSA 5-C:87, RSA 260 through RSA 263-A, RSA 354-A, or any other law or regulation shall mean that it is unlawful discrimination based on sex or gender identity for any person or organization, public or private, to classify based on biologic

  • 2026 HB1442-FN amend

    nition of Biological Sex. Amend RSA 354-A by inserting after section 25 the following new section: 354-A:25-a State Recognition of Biological Sex. I. Nothing in RSA 5-C:87, RSA 260 through RSA 263-A, RSA 354-A, or any other law or regulation shall mean that it is unlawful discrimination based on sex or gender identity for any person or organization, public or private, to classify based on biologic

  • 2026 HB1560 reference · effective 2027-01-01

    000 Approximately $492,000 Local Expenditures $0 $0 $0 $0 METHODOLOGY: This bill, effective January 1, 2027, reenacts and updates multiple sections of RSA 260 and RSA 266 relating to vehicle inspection requirements. Under the proposed language, most vehicles would remain subject to annual inspection, however, newly purchased vehicles would be exempt from inspection requiremen

  • 2026 HB1560-FN reference · effective 2027-01-01

    000 Approximately $492,000 Local Expenditures $0 $0 $0 $0 METHODOLOGY: This bill, effective January 1, 2027, reenacts and updates multiple sections of RSA 260 and RSA 266 relating to vehicle inspection requirements. Under the proposed language, most vehicles would remain subject to annual inspection, however, newly purchased vehicles would be exempt from inspection requiremen

  • 2026 SB268 amend

    ognition of Biological Sex. Amend RSA 354-A by inserting after section 25 the following new section: 354-A:25-a State Recognition of Biological Sex. I. Nothing in RSA 5-C:87, RSA 260-263, RSA 354-A, or any other law or regulation shall mean that it is unlawful discrimination based on sex or gender identity for any person or organization, public or private, to classify based on biological sex with re

  • 2026 SB552 amend

    ognition of Biological Sex. Amend RSA 354-A by inserting after section 25 the following new section: 354-A:25-a State Recognition of Biological Sex. I. Nothing in RSA 5-C:87, RSA 260 through RSA 263-A, RSA 354-A, or any other law or regulation shall mean that it is unlawful discrimination based on sex or gender identity for any person or organization, public or private, to classify based on biologic

  • 2025 HB119 add

    ase jurisdiction under the International Registration Plan (IRP). Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Rental Fleet Base Jurisdiction Choice. Amend RSA 260 by inserting after section 260:73 the following new section: 260:73-a Rental Fleet Registration with New Hampshire as Base Jurisdiction. I. A rental company applying to register a rental fleet may select New H

  • 2025 HB2 amend

    ons of the international registration plan under RSA 260. 141:383 Department of Safety; Division of Motor Vehicles. Amend RSA 21-P:8, III to read as follows: III. Administration of the motor vehicle laws under RSA 260, except for road toll administration under RSA 260:30 through RSA 260:65-a [and the fuel tax agreement under RSA 260:65-b through RSA 260:65-e], which shall be administered by the division of administration. 1