House Journal: Page 830: Wednesday, March 24, 1999

47   or written; required or conditional; contained in the

48   production contract, another production contract, or
49   in a related document, policy, or agreement.  This
50   section does not affect other provisions of a
Page 2  
 1   production contract or a related document, policy, or
 2   agreement which can be given effect without the voided
 3   provision.  This section does not require either party
 4   to a production contract to divulge the information in
 5   the production contract to another person.
 6     Sec. 3. NEW SECTION.  172C.3  PRODUCTION CONTRACTS
 7   REQUIRED TO BE FILED.
 8     1.  As used in this section, all of the following
 9   apply:
10     a.  A production contract is advertised if it is
11   presented or delivered to a contract producer,
12   regardless of whether it is part of an offer.  A
13   production contract is executed if it is signed by the
14   contractor and contract producer or authorized
15   representatives and is still in force.
16     b.  A production contract is advertised or executed
17   regardless of whether it is a new production contract
18   or the renewal or extension of a previous production
19   contract.
20     2.  On or before March 31 of each year, a
21   contractor shall file with the secretary of state
22   types of production contracts that are advertised or
23   executed by the contractor.  The production contracts
24   filed with the secretary of state shall not include
25   the printed name or signature of a contract producer.
26   A contractor shall not advertise or execute a
27   production contract, unless the contractor files that
28   type of production contract with the secretary of
29   state.
30     3.  The secretary of state in consultation with the
31   attorney general shall adopt rules which provide for
32   all of the following:
33     a.  Criteria for distinguishing types of production
34   contracts.  The rules shall categorize the types of
35   production contracts that must be submitted to the
36   secretary of state under this section.
37     b.  The manner in which a contractor must file
38   types of production contracts.  The secretary of state
39   may require that the types of production contracts be
40   filed in an electronic format.
41     c.  Exceptions to the filing requirement as
42   provided in this section.  The secretary of state may
43   create an exception because of any of the following:
44     (1)  The consideration owed by the contractor under
45   all production contracts executed by the contractor

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