Section 434:45 Security. - New Hampshire Statutes

Any applicant not having sufficient real estate shall be permitted to furnish security by a bond signed by such applicant and some surety company authorized to do business in the state or such other security as the commissioner of agriculture, markets, and food may approve. The security provided shall be equal to the average monthly gross value of milk purchased from New Hampshire producers during the previous calendar year. Bonds or such other security must be filed with the commissioner of agriculture, markets, and food 30 days prior to the renewal date of the license.

Source. 1985, 72:1. 1995, 130:5, eff. July 23, 1995.