New Hampshire legislators have made some changes to the surety law concerning gaming operators operating games of chance. The new law is named HB 348 and boosts the maximum required surety bond for operating games of chance to $500,000 and adds a minimum bond of $25,000. The previous law required a maximum bond of $300,000. read more »
Auto dealer bonds now protect the broader public in New Hampshire thanks to new legislation. The new law is named SB 156 and adds extra protection to the bond that’s required of retail vehicle dealers, auto wholesale dealers, and utility dealers. Originally the required bond only protected individuals who purchased a vehicle from the dealer read more »
Updated surety law offers a new option for manufactured home installers in New Hampshire. The new bill is titled SB 116 and allows an employer to obtain a surety bond that is required of manufactured home installers as opposed to an individual installer having to obtain the bond.
Postsecondary schools in New Hampshire are affected by a new law that was enacted this past June. The new law is named HB 2 and requires a private postsecondary career school to obtain a surety bond to guarantee the fulfillment of their obligations relating to contracts for tuition and other fees between the school and read more »
Life settlement providers must abide by a new law in the State of New Hampshire. The new law is labeled HB 660 and enacts the model act for both life settlement providers and brokers of the National Association of Insurance Commissioners (NAIC). Under the new law, providers and brokers are required to attain a $250,000 read more »
SB 56 is a new study measure in the State of New Hampshire concerning the Commission to Study Issues Relative to Groundwater Withdrawals. SB 56 directs the Commission to Study Issues Relative to Groundwater Withdrawals to examine the amount of financial accountability that would be essential for hefty withdrawals of groundwater. The Commission must consider read more »