New Hampshire § 261:100 Amount of Bond Required

New Hampshire Statutes

§ 261:100 — Amount of Bond Required

New Hampshire § 261:100

Title XXIMOTOR VEHICLES

Ch. 261CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES

SubdivisionDealer's Bond Requirement

This text of New Hampshire § 261:100 (Amount of Bond 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. § 261:100 (2026).

Text

I. Except as provided in RSA 261:101, each dealer shall be required to file annually, a bond in accordance with RSA 261:98.

(a)under one year $20,000

(b)over one year, but less than 2 years $15,000

(c)over 2 years $10,000 II. A separate bond shall be required for each different name under which the dealer conducts his business and for each community in which the dealer has a place of business in the amounts required in RSA 261:100, I. Past business experience, prior to January 1, 1988, shall be taken into account in determination of the amount of the bond required. III. Any dealer which is covered by an association bond as provided in RSA 261:101 shall only be covered under one name in one community. A dealer covered under RSA 261:101 who has a place of business in more than one communi

Free access — add to your briefcase to read the full text and ask questions with AI

I. Except as provided in RSA 261:101, each dealer shall be required to file annually, a bond in accordance with RSA 261:98.
(a)
under one year
$20,000
(b)
over one year, but less than 2 years
$15,000
(c)
over 2 years
$10,000
II. A separate bond shall be required for each different name under which the dealer conducts his business and for each community in which the dealer has a place of business in the amounts required in RSA 261:100, I. Past business experience, prior to January 1, 1988, shall be taken into account in determination of the amount of the bond required.
III. Any dealer which is covered by an association bond as provided in RSA 261:101 shall only be covered under one name in one community. A dealer covered under RSA 261:101 who has a place of business in more than one community shall file a separate bond as provided in this section for each separate community in which he operates.