Iowa Code 523A.405 – Bond in lieu of trust fund
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Terms Used In Iowa Code 523A.405
- Rule: includes "regulation". See Iowa Code 4.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
523A.405 Bond in lieu of trust fund.
The commissioner shall, by rule, establish terms and conditions under which a seller may,
in lieu of trust requirements, file with the commissioner a surety bond issued by a surety company authorized to do business and doing business in this state.
2001 Acts, ch 118, §32; 2001 Acts, ch 176, §74; 2007 Acts, ch 175, §63, 64; 2008 Acts, ch
1103, §4; 2008 Acts, ch 1123, §46; 2011 Acts, ch 62, §3; 2015 Acts, ch 128, §36, 50, 51
Referred to in §523A.807
The commissioner shall, by rule, establish terms and conditions under which a seller may,
in lieu of trust requirements, file with the commissioner a surety bond issued by a surety company authorized to do business and doing business in this state.
2001 Acts, ch 118, §32; 2001 Acts, ch 176, §74; 2007 Acts, ch 175, §63, 64; 2008 Acts, ch
1103, §4; 2008 Acts, ch 1123, §46; 2011 Acts, ch 62, §3; 2015 Acts, ch 128, §36, 50, 51
Referred to in §523A.807