New Hampshire § 204-C:6 Surety Required

New Hampshire Statutes

§ 204-C:6 — Surety Required

New Hampshire § 204-C:6

Title XVIIHOUSING AND REDEVELOPMENT

Ch. 204-CHOUSING FINANCE AUTHORITY

This text of New Hampshire § 204-C:6 (Surety Required) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 204-C:6 (2026).

Text

Before entering into their duties, the members of the board shall obtain a surety blanket bond covering each member in the penal sum of not less than $50,000, the executive director in the penal sum of not less than $100,000, and the other officers and employees of the authority in the penal sum of not less than $50,000. Such surety bond or bonds shall be conditioned upon the faithful performance of the duties of the office covered, shall be executed by a surety company authorized to transact business in this state as surety and shall be approved by the attorney general and filed in the office of the secretary of state. The cost of each such bond shall be paid by the authority.

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Before entering into their duties, the members of the board shall obtain a surety blanket bond covering each member in the penal sum of not less than $50,000, the executive director in the penal sum of not less than $100,000, and the other officers and employees of the authority in the penal sum of not less than $50,000. Such surety bond or bonds shall be conditioned upon the faithful performance of the duties of the office covered, shall be executed by a surety company authorized to transact business in this state as surety and shall be approved by the attorney general and filed in the office of the secretary of state. The cost of each such bond shall be paid by the authority.