RSA 260:37 Bond Required of Licensed Distributor.

I. (a) Every distributor shall file with the department a bond:
(1) In an amount equal to approximately 2 times the monthly road toll liability of the distributor, but not less than $10,000, on a form to be approved by the commissioner;
(2) With a surety company authorized to engage in business with the state as surety thereon;
(3) Upon which such distributor shall be the principal obligor and the state of New Hampshire shall be the obligee;
(4) Conditioned upon the prompt filing of true reports and the payment by the distributor of all motor vehicle road tolls which are imposed and which are to be collected under this subdivision, together with all penalties and interests thereon, and generally upon faithful compliance with the provisions of this subdivision