Section 214-A:3 - Issuance of Registrations; Registration AgentsI. Snowmobile and OHRV registrations shall be issued by the executive director or through the executive director's agents appointed under such agreements, and by the procedure and in the form, as the executive director may prescribe. Agents shall furnish registration information concerning vehicle information as the executive director may require.II. Agents of the executive director shall issue registrations in accordance with the prescribed procedure and shall charge and collect the fees prescribed by law.III. If the executive director determines that a registration agent has violated any of the terms of the agreement made between the department and the registration agent, the executive director may terminate the agreement upon written notice to the agent. When the violation involves the handling and remittance of state funds, the executive director may, in lieu of termination, accept from the registration agent a bond from a suitable corporate surety, authorized to do business in this state, guaranteeing payment of all state funds collected as a result of registrations issued by such agent for the state.IV. If the executive director determines that a registration agent is eligible for reinstatement after termination of the contract, he or she may prescribe the terms and conditions of reinstatement of such agreement.V. For purposes of carrying out the provisions of paragraphs III and IV, the executive director shall not be required to adopt rules pursuant to RSA 541-A. 2008, 151 : 1 , eff. June 6, 2008.