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