Section Ban 1104.11 - Bonds for Agents(a) An agent appointed by the bank, nondepository trust company or credit union, the agent may provide a fidelity bond in an amount at least twice the average monthly collections of such agent, provided:(1) Such agent makes settlement with the bank, nondepository trust company or credit union at least monthly; and(2) Such bond is approved by the board of directors, managers or trustees of the bank, nondepository trust company or credit union.(b) An agent that is a financial institution insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration shall not need a bond.N.H. Admin. Code § Ban 1104.11
#6536, eff 7-2-97, EXPIRED: 7-2-05
New. #9767, eff 8-21-10