2015 New Hampshire Revised Statutes
Title XXIV - GAMES, AMUSEMENTS, AND ATHLETIC EXHIBITIONS
Chapter 284 - HORSE AND DOG RACING
Section 284:18 - Bond of Licensee.

NH Rev Stat § 284:18 (2015) What's This?

    284:18 Bond of Licensee. –
    I. Every person, association, or corporation licensed under the provisions of the preceding sections hereof, shall, before said license is issued, give a bond to the state in such reasonable sum not exceeding $300,000, as may be fixed by the commission, with a surety or sureties to be approved by the commission, conditioned to faithfully make the payments prescribed hereby, including the payment of unclaimed ticket money and vouchers and the compensation of stewards, veterinarians, or judges employed by the state of New Hampshire at any race or meet and that such reimbursement shall include the employer's share of old age survivors insurance (OASI) taxes, and to keep its books and records and make reports as herein provided and to conduct its racing in conformity with this chapter and with the rules and regulations prescribed by the commission.
    II. Every person, association, or corporation licensed under the provisions of the preceding sections hereof, shall, before said licensee adopts an account wagering plan on any pari-mutuel pool, give a bond to the state in such reasonable sum not exceeding $300,000, as may be fixed by the commission, with a surety or sureties to be approved by the commission, conditioned to faithfully make the payments prescribed hereby.

Source. 1935, 27:12. RL 171:12. 1949, 226:5. RSA 284:18. 1977, 28:6. 1982, 42:145, eff. June 29, 1982. 2010, 190:2, eff. Jan. 1, 2011.


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