N.H. Admin. Code § Rev 2208.05 - Minimum Surety Bond Requirements for Specific County Officials

(a) In addition to the requirements of RSA 27:2, the minimum surety bond requirements shall be based on the amounts of estimated collections for each position bonded.
(b) The bond amounts shall be computed as specified in the following table.
(c) For the following officers, to comply with the requirements of RSA 72:2, the bond amount calculated using the table shall be adjusted up or down as necessary to ensure the final bond amount imposed remains within the minimum and maximum thresholds established pursuant to RSA 27:2:
(1) Sheriff;
(2) County attorney;
(3) Treasurer;
(4) Register of deeds and their deputy; and
(5) County commissioner.

TABLE 2208.01 MINIMUM BOND REQUIREMENTS

REVENUES

BOND REQUIRED

FROM

TO

$1,000

$5,000

$1,000

5,001

10,000

2,000

10,001

20,000

3,000

20,001

35,000

7,000

35,001

50,000

8,000

50,001

65,000

10,000

65,001

80,000

12,000

80,001

100,000

15,000

100,001

140,000

17,000

140,001

180,000

22,000

180,001

220,000

27,000

220,001

260,000

32,000

260,001

300,000

36,000

300,001

375,000

38,000

375,001

450,000

40,000

450,001

550,000

42,000

550,001

650,000

44,000

650,001

750,000

46,000

750,001

850,000

48,000

850,001

925,000

50,000

925,001

1,000,000

52,000

(d) When estimated collections exceed $1,000,000, the minimum surety bond shall be $52,000 plus 1% of the excess over $1,000,000 of estimated revenues.

Notes

N.H. Admin. Code § Rev 2208.05
Amended byVolume XXXIV Number 33, Filed August 14, 2014, Proposed by #10652, Effective 8/8/2014, Expires8/8/2024 (from Rev 2209.01). Amended by Number 32, Filed August 8, 2024, Proposed by #14027, Effective 7/16/2024, Expires 7/16/2034.

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