Section 106-F:9 Surety Bond.
The surety bond required by this section shall be so conditioned that the person bonded shall conduct his or her business in a lawful and honest manner without committing, compounding, aiding or abetting the commission of any criminal offense. Said bond shall be filed with and kept by the secretary of state and shall be subject to being sued upon by the attorney general of the state in the name of the state or sued upon by any person injured by a breach of any condition of such bond designed to protect such person. The principal sum of the bond shall be $50,000, which shall be increased by $50, 000 for each additional type of license held by any person licensed under this chapter.
Source. 1977, 582:1. 1990, 146:8, eff. Jan. 1, 1991. 2001, 239:1, eff. Sept. 11, 2001.