N.H. Admin. Code § Saf-C 306.11

Current through Register No. 50, December 12, 2024

Section Saf-C 306.11 - Reimposition of Bond Requirement

(a) The commissioner shall reimpose the bond requirement upon any licensed distributor granted an elimination or reduction of a bond pursuant to RSA 260:37-a and these rules, if:

(1) The distributor fails to comply with road toll laws or these rules;

(2) There is evidence of a material change in circumstances; and

(3) State road toll revenue will be unreasonably jeopardized without imposition of the bond.

(b) The commissioner shall notify the distributor in writing of the requirement to obtain a new bond pursuant to RSA 260:37. Written notification shall be sent to the last known recorded address of the licensee.

(c) The licensed distributor shall have 30 days from the date of the letter to provide the department with evidence of having secured a bond.

N.H. Admin. Code § Saf-C 306.11

Derived from Volume XL Number 2, Filed January 9, 2020, Proposed by #12961, Effective 1/1/2020, Expires 6/29/2020

Derived from Volume XLI Number 19, Filed May 13, 2021, Proposed by #13186, Effective 4/7/2021, Expires 4/7/2031.