Text: HSB00551                          Text: HSB00553
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House Study Bill 552

Bill Text

PAG LIN
  1  1    Section 1.  Section 625A.9, subsection 2, Code Supplement
  1  2 2003, is amended to read as follows:
  1  3    2.  If the judgment or order appealed from is for money,
  1  4 such bond shall not exceed one hundred ten percent of the
  1  5 amount of the money judgment any of the following amounts,
  1  6 excluding costs:
  1  7    a.  One hundred percent of the amount of the money judgment
  1  8 up to and including one million dollars.
  1  9    b.  One million dollars, if the amount of the money
  1 10 judgment is in excess of one million dollars, up to and
  1 11 including one hundred million dollars.
  1 12    c.  Twenty-five million dollars, if the amount of the money
  1 13 judgment is in excess of one hundred million dollars.  
  1 14                           EXPLANATION
  1 15    This bill amends Code section 625A.9 to provide that if a
  1 16 civil judgment or order appealed from is for money, an appeal
  1 17 bond shall not exceed any of the following amounts, excluding
  1 18 costs:
  1 19    1.  One hundred percent of the amount of the money judgment
  1 20 up to and including $1 million.
  1 21    2.  One million dollars, if the amount of the money
  1 22 judgment is in excess of $1 million, up to and including $100
  1 23 million.
  1 24    3.  Twenty-five million dollars, if the amount of the money
  1 25 judgment is in excess of $100 million.  
  1 26 LSB 5328YC 80
  1 27 rh/pj/5
     

Text: HSB00551                          Text: HSB00553
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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