N.H. Admin. Code § Rev 1903.01

Current through Register No. 2, January 9, 2025

Section Rev 1903.01 - Definitions

For purposes of this part:

(a) "Continuation certificate" means a legal document between the municipality and the bonding agency used to extend the life of an original position schedule bond.

(b) "Discovery period" means the limited time period for discovering losses and bringing claims for recovery under position schedule bonds.

(c) "Position schedule bond" means an insurance policy to cover losses suffered through the act(s) of a municipal official or employee.

N.H. Admin. Code § Rev 1903.01

#5356, eff 3-16-92, EXPIRED: 3-16-98

New. #6732, eff 4-18-98; ss by #8599, eff 4-6-06; ss by #10582, eff 5-2-14

Amended by Number 15, Filed April 11, 2024, Proposed by #13918, Effective 3/29/2024, Expires3/29/2034 (see Revision Note at chapter heading for Rev 1900).