203A.4  Bond required of bargaining agent.

Any applicant for a permit to operate as a bargaining agent in accordance with this chapter, as a condition to the granting of the permit, shall file with the department proof of a bond which is in the form and with such surety or sureties as required by the department covering the fiduciary responsibility of those trustees responsible to the beneficiaries. The bond shall be in a penal sum of fifty thousand dollars.

Section History: Early form

  [C79, 81, § 542A.4]

Section History: Recent form

  C93, § 203A.4

Internal References

  Referred to in § 203A.2, 203A.6

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