Section Rev 3405.01 - Bonding or Other Security(a) No owner or the logger, forester or person responsible for the cut shall commence to cut, or continue to cut, until the owner has posted the bond or other security if required by the municipal assessing officials when bonding is required pursuant to RSA 79:10-a or RSA 79:1, II(a)(2).(b) Bonding, pursuant to RSA 79:10-a and RSA 79:1, II (a)(2), shall list the amount of the bond or other security necessary to secure payment of the yield tax imposed by RSA 79:3.(c) If the owner is delinquent on any town yield tax or on any property tax, including properties on which the intended cut is not occurring, in the municipality in which a Form PA-7 has been filed, a bond or other security shall be required for the anticipated yield tax due from the intended cut.(d) An owner pursuant to RSA 79:1, II (a)(4) who intends to cut on public land shall post a bond or other security if that owner does not own land in the municipality where the cut will occur.N.H. Admin. Code § Rev 3405.01
Amended byVolume XXXIV Number 37, Filed September 11, 2014, Proposed by #10664, Effective 9/4/2014, Expires9/4/2024 .