Text: S03459 Text: S03461 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 486, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 5, by striking lines 5 through 10. 1 4 #2. Page 31, by inserting after line 30 the 1 5 following: 1 6 "Sec. . NEW SECTION. 523A.23 MINIMUM FIDELITY 1 7 BOND OR INSURANCE POLICY. 1 8 The seller, in connection with an offer or sale of 1 9 an agreement referred to in section 523A.1, shall 1 10 obtain and maintain at all times a fidelity bond or 1 11 insurance policy covering losses resulting from 1 12 dishonest or fraudulent acts committed by employees of 1 13 the seller which cause a loss, theft, or 1 14 misappropriation of cash, property, or a negotiable 1 15 instrument submitted to the seller pursuant to the 1 16 agreement. The fidelity bond or insurance policy must 1 17 be maintained in an amount not less than fifty 1 18 thousand dollars." 1 19 #3. Page 35, by striking lines 24 through 29. 1 20 #4. Page 38, by inserting after line 19 the 1 21 following: 1 22 "Sec. . NEW SECTION. 523E.22 MINIMUM FIDELITY 1 23 BOND OR INSURANCE POLICY. 1 24 The seller, in connection with an offer or sale of 1 25 an agreement referred to in section 523E.1, shall 1 26 obtain and maintain at all times a fidelity bond or 1 27 insurance policy covering losses resulting from 1 28 dishonest or fraudulent acts committed by employees of 1 29 the seller which cause a loss, theft, or 1 30 misappropriation of cash, property, or a negotiable 1 31 instrument submitted to the seller pursuant to the 1 32 agreement. The fidelity bond or insurance policy must 1 33 be maintained in an amount not less than fifty 1 34 thousand dollars." 1 35 #5. Page 67, by striking lines 30 through 34. 1 36 #6. Renumber as necessary. 1 37 1 38 1 39 1 40 SHELDON RITTMER 1 41 HF 486.705 76 1 42 mj/sc
Text: S03459 Text: S03461 Text: S03400 - S03499 Text: S Index Bills and Amendments: General Index Bill History: General Index
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