Iowa Code 459.503A – Indemnity fee — waiver and reinstatement
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Terms Used In Iowa Code 459.503A
- Department: means the department of natural resources. See Iowa Code 462A.2
- Department: means the department of natural resources created pursuant to section 455A. See Iowa Code 459.102
- Indemnity fee: means a fee provided in section 459. See Iowa Code 459.102
- Livestock: includes but is not limited to an animal classified as an ostrich, rhea, or emu. See Iowa Code 4.1
The indemnity fee required under sections 459.502 and 459.503 shall be waived and the fee shall not be assessable or owing if, at the end of any three-month period, unobligated and unencumbered moneys in the livestock remediation fund, not counting the department‘s estimate of the cost to the fund for pending or unsettled claims, exceed three million dollars. The department shall reinstate the indemnity fee under those sections if unobligated and unencumbered moneys in the fund, not counting the department’s estimate of the cost to the fund for pending or unsettled claims, are less than two million dollars.