Revision: Jan. 21, 2010, midnight
HB 296 – AS INTRODUCED
2005 SESSION
08/03
HOUSE BILL 296
AN ACT relative to bonding requirements for private detectives.
SPONSORS: Rep. Dumaine, Rock 3; Rep. Hagan, Hills 17; Rep. P. Smith, Rock 3; Rep. Ulery, Hills 27
This bill allows a private detective to purchase and maintain professional liability insurance in lieu of a surety bond.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0265
08/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT relative to bonding requirements for private detectives.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Professional Liability Insurance. Amend RSA 106-F:9 to read as follows:
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] no less than $10,000 nor more than $50,000 as determined by the commissioner of the department of safety. Such bond shall not be increased [by $50, 000] for each additional type of license held by any person licensed under this chapter.
II. The requirement of paragraph I shall not apply to any licensee who purchases and maintains a professional liability insurance policy with liability coverage equal to or greater than the amount required in a surety bond in paragraph I. A copy of said insurance policy shall be filed with the commissioner of the department of safety.
2 Effective Date. This act shall take effect 60 days after its passage.