N.H. Admin. Code § Rev 710.06

Current through Register No. 1, January 2, 2025

Section Rev 710.06 - Form CD-60, Meals and Rentals Tax Bond

(a) An operator, ordered to provide a bond, or a bonding company acting on behalf of the operator, shall complete and file Form CD-60, "Meals and Rentals Tax Bond", or a facsimile, to provide the state with security for any tax, interest or penalties due, or which might become due.

(b) Form CD-60 shall include statements setting forth the following conditions:

(1) The bond shall remain in full force and remain in effect for a period of one year unless terminated; and

(2) Should the bonding company at any time after the inception of the bond, terminate the bond:

a. A 60-day written notice from the bonding company shall be submitted to the commissioner; and

b. The bonding company shall continue to provide security against any liability occurring before the expiration of the 60-day period.

(c) The Form CD-60 shall be signed in ink, dated and contain the seal of an official of the bonding company authorized to execute such documents.

(d) The suspension or revocation of the meals and rentals operator's license shall not cancel, suspend nor otherwise impair any obligation of the bonding company under the bond.

(e) Bonding companies shall continue to provide security against any liability for 60 days from the date of written notification to the commissioner that the bonding company is terminating the bond prior to the expiration of the one year life of the bond.

N.H. Admin. Code § Rev 710.06

Adopted byVolume XXXIV Number 46, Filed November 13, 2014, Proposed by #10714, Effective 11/7/2014.