New Hampshire Revised Statutes 358-H:8 – Surety Bond
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Terms Used In New Hampshire Revised Statutes 358-H:8
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- justice: when applied to a magistrate, shall mean a justice of a municipal court, or a justice of the peace having jurisdiction over the subject-matter. See New Hampshire Revised Statutes 21:12
- Person: means a natural person, corporation, trust, partnership, incorporated or unincorporated association, or any other legal entity. See New Hampshire Revised Statutes 358-H:1
- Rental referral agency: means any person who collects rental information for the purpose of assisting prospective tenants in locating specific rental properties in exchange for a fee or other consideration. See New Hampshire Revised Statutes 358-H:1
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
A rental referral agency shall post a surety bond of not less than $20,000 with the attorney general, department of justice. The type of surety bond shall be designated by the attorney general. No bond shall be accepted for filing unless it is with a surety company authorized to do business in this state. The surety may cancel the bond at any time upon giving 30 days’ written notice to the attorney general. Any person who is damaged by any violation of this chapter, or by the rental referral agency’s breach of the contract subject thereto, may bring an action against the bond to recover damages suffered and any other amounts allowable by law. The attorney general, in an action brought under this chapter or any other applicable provision of law, may likewise proceed against the bond. In no event shall the aggregate liability of the surety for all claims exceed the bond amount.