Section 321:4 Deposit; Fee; Issue. - New Hampshire Statutes

   I. Every itinerant vendor desiring to do business in this state shall make a special deposit of $5,000, in the form of cash or a surety bond, with the secretary of state, and, thereafter, upon application in proper form and the further payment of $250 as a state license fee, the secretary of state shall issue to him an itinerant vendor's license, authorizing him to do business in this state in conformity with the provisions of this chapter for the term of one year from the date of application. The license shall contain a copy of the application upon which it is granted. Any person whose bond, deposited pursuant to this section, is cancelled prior to the original expiration date of such bond shall be responsible to notify the secretary of state of such cancellation within 2 business days of the cancellation.
   II. Every employee or agent of an itinerant vendor, operating in this state as an itinerant vendor as defined by RSA 321:1, may in lieu of an application under paragraph I, upon application in proper form and payment of a $250 state license fee to the secretary of state, be issued an itinerant vendor's license for a period of one year. Licenses issued under this paragraph, however, shall be null and void upon expiration of the itinerant vendor's license held by the employer, the cancellation or expiration of a surety bond filed by the employer with the secretary of state, or upon termination of employment with said licensed vendor.

Source. 1893, 65:6. 1897, 46:2. PL 158:4. RL 189:4. 1949, 265:16. RSA 321:4. 1988, 27:4, eff. July 1, 1988.