1. An employment agency shall obtain a license from the director prior to transacting any business. Licenses expire on June 30 of each year.

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Terms Used In Iowa Code 84I.2

  • Applicant: means a person applying for a private employment agency license. See Iowa Code 84I.1
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Director: means the director of the department of workforce development or the director's designee. See Iowa Code 84I.1
  • Employee: means a person who seeks employment or who obtains employment through an employment agency. See Iowa Code 84I.1
  • Employment agency: means a person who brings together those desiring to employ and those desiring employment and who receives a fee, privilege, or other consideration directly or indirectly from an employee for the service. See Iowa Code 84I.1
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • year: means twelve consecutive months. See Iowa Code 4.1
 2. A license application shall be in the form prescribed by the director and shall be accompanied by all of the following:

 a. A surety company bond in the sum of thirty thousand dollars, to be approved by the director and conditioned to pay any damages that may accrue to any person due to a wrongful act or violation of law on the part of the applicant in the conduct of business.
 b. The schedule of fees to be charged by the employment agency.
 c. All contract forms to be signed by an employee.
 d. An application fee of seventy-five dollars.
 3. The director shall grant or deny a license within thirty days from the filing date of a completed application.
 4. The director may revoke, suspend, or annul a license upon good cause pursuant to rules adopted by the director.